Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 January 2012

Reliance

Today, 700 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 700 is crucial for short term. Positional Traders, trade long above 700 for a target of 710. Trade short below 700 for a target of 660.

SBI

Today, 1640 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1640 is crucial for short term. Positional Traders, trade long above 1640, for a target of 1680. Trade short below 1640 for a target of 1550.

Axis Bank

Today, 810 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 810 is crucial for short term. Positional Traders, trade long above 810, for a target of 865. Trade short below 810 for a target of 770.

Icici Bank

Today, 702 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 702 is crucial for short term. Positional Traders, trade long above 702 for a target of 715. Trade short below 702 for a target of 640.

Tata Steel

Today, 340 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 340 is crucial for short term. Positional Traders, trade long above 340, for a target of 350. Trade short below 340 for a target of 320.