Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 July 2011

Reliance

Today, 875 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 890. Trade short below 875 for a target of 820.

SBI

Today, 2440 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2440 is crucial for short term. Positional Traders, trade long above 2440, for a target of 2470. Trade short below 2440 for a target of 2350.

Axis Bank

Today, 1340 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1340 is crucial for short term. Positional Traders, trade long above 1340, for a target of 1370. Trade short below 1340 for a target of 1250.

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 1110. Trade short below 1100 for a target of 1045.

Tata Steel

Today, 605 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 605 is crucial for short term. Positional Traders, trade long above 605, for a target of 620. Trade short below 605 for a target of 575.