Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 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, 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 890. Trade short below 865 for a target of 820.

Icici Bank

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 770. Trade short below 755 for a target of 710.

Tata Steel

Today, 368 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 368 is crucial for short term. Positional Traders, trade long above 368, for a target of 375. Trade short below 368 for a target of 350.