Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 4 May 2011

Reliance

Today, 960 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 960 is crucial for short term. Positional Traders, trade long above 960 for a target of 990. Trade short below 960 for a target of 915.

SBI

Today, 2540 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2540 is crucial for short term. Positional Traders, trade long above 2540, for a target of 2700. Trade short below 2540 for a target of 2450.

Axis Bank

Today, 1200 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1200 is crucial for short term. Positional Traders, trade long above 1200, for a target of 1300. Trade short below 1200 for a target of 1100.

Icici Bank

Today, 1090 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1090 is crucial for short term. Positional Traders, trade long above 1090 for a target of 1135. Trade short below 1090 for a target of 1040.

Tata Steel

Today, 610 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 610 is crucial for short term. Positional Traders, trade long above 610, for a target of 630. Trade short below 610 for a target of 575.