Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 May 2011

Reliance

Today, 930 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 930 is crucial for short term. Positional Traders, trade long above 930 for a target of 970. Trade short below 930 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, 1215 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1215 is crucial for short term. Positional Traders, trade long above 1215, for a target of 1260. Trade short below 1215 for a target of 1180.

Icici Bank

Today, 1055 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1055 is crucial for short term. Positional Traders, trade long above 1055 for a target of 1090. Trade short below 1055 for a target of 1030.

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.