Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 March 2011

Reliance

Today, 1040 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040 for a target of 1080. Trade short below 1040 for a target of 1005.

SBI

Today, 2590 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2590 is crucial for short term. Positional Traders, trade long above 2590, for a target of 2630. Trade short below 2590 for a target of 2470.

Axis Bank

Today, 1295 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1295 is crucial for short term. Positional Traders, trade long above 1295, for a target of 1340. Trade short below 1295 for a target of 1210.

Icici Bank

Today, 1005 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1005 is crucial for short term. Positional Traders, trade long above 1005 for a target of 1035. Trade short below 1005 for a target of 955.

Tata Steel

Today, 605 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 505 is crucial for short term. Positional Traders, trade long above 605, for a target of 620. Trade short below 605 for a target of 575.