Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 January 2011

Reliance

Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 990, for a target of 1010. Trade short below 990 for a target of 950.

SBI

Today, 2610 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2610 is crucial for short term. Positional Traders, trade long above 2525, for a target of 2650. Trade short below 2610 for a target of 2500.

Axis Bank

Today, 1260 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1260 is crucial for short term. Positional Traders, trade long above 1260, for a target of 1330. Trade short below 1260 for a target of 1200.

Icici Bank

Today, 1080 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1080 is crucial for short term. Positional Traders, trade long above 1080 for a target of 1120. Trade short below 1080 for a target of 1040.

Tata Steel

Today, 645 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 645 is crucial for short term. Positional Traders, trade long above 645, for a target of 665. Trade short below 645 for a target of 575.