Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 June 2011

Reliance

Today, 890 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 890 is crucial for short term. Positional Traders, trade long above 890 for a target of 930. Trade short below 890 for a target of 860.

SBI

Today, 2200 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2200 is crucial for short term. Positional Traders, trade long above 2200, for a target of 2255. Trade short below 2200 for a target of 2100.

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 1160.

Icici Bank

Today, 1030 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1030 is crucial for short term. Positional Traders, trade long above 1030 for a target of 1060. Trade short below 1030 for a target of 995.

Tata Steel

Today, 555 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 555 is crucial for short term. Positional Traders, trade long above 555, for a target of 605. Trade short below 555 for a target of 530.