Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 January 2012

Reliance

Today, 705 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 705 is crucial for short term. Positional Traders, trade long above 705 for a target of 715. Trade short below 705 for a target of 680.

SBI

Today, 1680 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1680 is crucial for short term. Positional Traders, trade long above 1680, for a target of 1720. Trade short below 1680 for a target of 1630.

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

The level 750 is crucial for short term. Positional Traders, trade long above 750 for a target of 770. Trade short below 750 for a target of 710.

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 348.