Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 4 January 2012

Reliance

Today, 725 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 725 is crucial for short term. Positional Traders, trade long above 725 for a target of 745. Trade short below 725 for a target of 700.

SBI

Today, 1720 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1720 is crucial for short term. Positional Traders, trade long above 1720, for a target of 1770. Trade short below 1720 for a target of 1655.

Axis Bank

Today, 845 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 845 is crucial for short term. Positional Traders, trade long above 845, for a target of 870. Trade short below 845 for a target of 810.

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 735. Trade short below 715 for a target of 700.

Tata Steel

Today, 365 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 365 is crucial for short term. Positional Traders, trade long above 365, for a target of 375. Trade short below 365 for a target of 340.