Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 November 2011

Reliance

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 810. Trade short below 865 for a target of 885.

SBI

Today, 1710 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1710 is crucial for short term. Positional Traders, trade long above 1710, for a target of 1770. Trade short below 1710 for a target of 1600.

Axis Bank

Today, 1010 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010, for a target of 930. Trade short below 1010 for a target of 950.

Icici Bank

Today, 760 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 760 is crucial for short term. Positional Traders, trade long above 760 for a target of 700. Trade short below 760 for a target of 800.

Tata Steel

Today, 390 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 390 is crucial for short term. Positional Traders, trade long above 390, for a target of 350. Trade short below 390 for a target of 420.