Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 27 May 2011

Reliance

Today, 940 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 940 is crucial for short term. Positional Traders, trade long above 940 for a target of 970. Trade short below 940 for a target of 915.

SBI

Today, 2230 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2230 is crucial for short term. Positional Traders, trade long above 2230, for a target of 2280. Trade short below 2230 for a target of 2150.

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, 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 1070. Trade short below 1040 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.