Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 26 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 775. Trade short below 755 for a target of 720.

SBI

Today, 1975 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1975 is crucial for short term. Positional Traders, trade long above 1975, for a target of 2020. Trade short below 1975 for a target of 1900.

Axis Bank

Today, 1040 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040, for a target of 1070. Trade short below 1040 for a target of 950.

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 865. Trade short below 840 for a target of 800.

Tata Steel

Today, 450 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 450 is crucial for short term. Positional Traders, trade long above 450, for a target of 460. Trade short below 450 for a target of 430.