Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 January 2011

Reliance

Today, 1010 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010, for a target of 1025. Trade short below 1010 for a target of 980.

SBI

Today, 2510 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2510 is crucial for short term. Positional Traders, trade long above 2510, for a target of 2580. Trade short below 2510 for a target of 2400.

Axis Bank

Today, 1230 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1230 is crucial for short term. Positional Traders, trade long above 1230, for a target of 1280. Trade short below 1230 for a target of 1150.

Icici Bank

Today, 1000 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1000 is crucial for short term. Positional Traders, trade long above 1000 for a target of 1085. Trade short below 1000 for a target of 940.

Tata Steel

Today, 630 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 630 is crucial for short term. Positional Traders, trade long above 630, for a target of 645. Trade short below 630 for a target of 575.