Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 December 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 765. Trade short below 755 for a target of 720.

SBI

Today, 1780 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1780 is crucial for short term. Positional Traders, trade long above 1780, for a target of 1830. Trade short below 1780 for a target of 1690.

Axis Bank

Today, 965 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 965 is crucial for short term. Positional Traders, trade long above 965, for a target of 980. Trade short below 965 for a target of 900.

Icici Bank

Today, 715 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 715 is crucial for short term. Positional Traders, trade long above 715 for a target of 725. Trade short below 715 for a target of 670.

Tata Steel

Today, 385 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 385 is crucial for short term. Positional Traders, trade long above 385, for a target of 385. Trade short below 385 for a target of 360.