Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 August 2011

Reliance

Today, 740 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 740 is crucial for short term. Positional Traders, trade long above 740 for a target of 755. Trade short below 740 for a target of 680.

SBI

Today, 2070 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2070 is crucial for short term. Positional Traders, trade long above 2070, for a target of 2100. Trade short below 2070 for a target of 1900.

Axis Bank

Today, 1080 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1080 is crucial for short term. Positional Traders, trade long above 1080, for a target of 1115. Trade short below 1080 for a target of 1000.

Icici Bank

Today, 840 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 970. Trade short below 840 for a target of 800.

Tata Steel

Today, 465 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 465 is crucial for short term. Positional Traders, trade long above 465, for a target of 475. Trade short below 465 for a target of 430.