Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 January 2012

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

SBI

Today, 1770 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1770 is crucial for short term. Positional Traders, trade long above 1770, for a target of 1820. Trade short below 1770 for a target of 1680.

Axis Bank

Today, 970 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 970 is crucial for short term. Positional Traders, trade long above 970, for a target of 1000. Trade short below 970 for a target of 900.

Icici Bank

Today, 800 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 800 is crucial for short term. Positional Traders, trade long above 800 for a target of 820. Trade short below 800 for a target of 760.

Tata Steel

Today, 398 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 398 is crucial for short term. Positional Traders, trade long above 398, for a target of 420. Trade short below 398 for a target of 350.