Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 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, 2680 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2680 is crucial for short term. Positional Traders, trade long above 2680, for a target of 2730. Trade short below 2680 for a target of 2600.

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 1300. Trade short below 1260 for a target of 1210.

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 1125. Trade short below 1090 for a target of 1055.

Tata Steel

Today, 580 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 580 is crucial for short term. Positional Traders, trade long above 580, for a target of 605. Trade short below 580 for a target of 555.