Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 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, 2150 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2150 is crucial for short term. Positional Traders, trade long above 2150, for a target of 2210. Trade short below 2150 for a target of 2050.

Axis Bank

Today, 1180 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1180 is crucial for short term. Positional Traders, trade long above 1180, for a target of 1210. Trade short below 1180 for a target of 1130.

Icici Bank

Today, 900 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 900 is crucial for short term. Positional Traders, trade long above 900 for a target of 930. Trade short below 900 for a target of 850.

Tata Steel

Today, 475 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 475 is crucial for short term. Positional Traders, trade long above 475, for a target of 485. Trade short below 475 for a target of 440.