Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 29 August 2011

Reliance

Today, 750 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 750 is crucial for short term. Positional Traders, trade long above 750 for a target of 775. Trade short below 750 for a target of 720.

SBI

Today, 1950 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1950 is crucial for short term. Positional Traders, trade long above 1950, for a target of 2000. Trade short below 1950 for a target of 1850.

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

The level 435 is crucial for short term. Positional Traders, trade long above 435, for a target of 450. Trade short below 435 for a target of 415.