Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 January 2012

Reliance

Today, 730 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 730 is crucial for short term. Positional Traders, trade long above 730 for a target of 750. Trade short below 730 for a target of 685.

SBI

Today, 1800 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1800 is crucial for short term. Positional Traders, trade long above 1800, for a target of 1820. Trade short below 1800 for a target of 1720.

Axis Bank

Today, 930 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 930 is crucial for short term. Positional Traders, trade long above 930, for a target of 970. Trade short below 930 for a target of 870.

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

The level 415 is crucial for short term. Positional Traders, trade long above 415, for a target of 425. Trade short below 415 for a target of 375.