Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 May 2011

Reliance

Today, 915 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 915 is crucial for short term. Positional Traders, trade long above 915 for a target of 940. Trade short below 915 for a target of 890.

SBI

Today, 2350 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2350 is crucial for short term. Positional Traders, trade long above 2350, for a target of 2450. Trade short below 2350 for a target of 2200.

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 1260. Trade short below 1200 for a target of 1150.

Icici Bank

Today, 1035 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1035 is crucial for short term. Positional Traders, trade long above 1035 for a target of 1065. Trade short below 1035 for a target of 1000.

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.