Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 August 2011

Reliance

Today, 775 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 775 is crucial for short term. Positional Traders, trade long above 775 for a target of 795. Trade short below 775 for a target of 740.

SBI

Today, 2080 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2080 is crucial for short term. Positional Traders, trade long above 2080, for a target of 2120. Trade short below 2080 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, 865 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 890. Trade short below 865 for a target of 820.

Tata Steel

Today, 480 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 480 is crucial for short term. Positional Traders, trade long above 480, for a target of 500. Trade short below 480 for a target of 430.