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

Reliance

Today, 755 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 755 is crucial for short term. Positional Traders, trade long above 755 for a target of 780. Trade short below 755 for a target of 730.

SBI

Today, 2210 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2210 is crucial for short term. Positional Traders, trade long above 2210, for a target of 2240. Trade short below 2210 for a target of 2100.

Axis Bank

Today, 1230 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1230 is crucial for short term. Positional Traders, trade long above 1230, for a target of 1255. Trade short below 1230 for a target of 1170.

Icici Bank

Today, 945 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 945 is crucial for short term. Positional Traders, trade long above 945 for a target of 960. Trade short below 945 for a target of 900.

Tata Steel

Today, 485 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 485 is crucial for short term. Positional Traders, trade long above 485, for a target of 500. Trade short below 485 for a target of 450.