Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 August 2011

Reliance

Today, 780 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 780 is crucial for short term. Positional Traders, trade long above 780 for a target of 795. Trade short below 780 for a target of 730.

SBI

Today, 2300 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2300 is crucial for short term. Positional Traders, trade long above 2300, for a target of 2340. Trade short below 2300 for a target of 2200.

Axis Bank

Today, 1235 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1235 is crucial for short term. Positional Traders, trade long above 1235, for a target of 1255. Trade short below 1235 for a target of 1170.

Icici Bank

Today, 960 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 960 is crucial for short term. Positional Traders, trade long above 960 for a target of 975. Trade short below 960 for a target of 900.

Tata Steel

Today, 500 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 500 is crucial for short term. Positional Traders, trade long above 500, for a target of 520. Trade short below 500 for a target of 470.