Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 January 2012

Reliance

Today, 795 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 795 is crucial for short term. Positional Traders, trade long above 795 for a target of 820. Trade short below 795 for a target of 750.

SBI

Today, 1900 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1900 is crucial for short term. Positional Traders, trade long above 1900, for a target of 1950. Trade short below 1900 for a target of 1800.

Axis Bank

Today, 980 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 980 is crucial for short term. Positional Traders, trade long above 980, for a target of 1020. Trade short below 980 for a target of 900.

Icici Bank

Today, 810 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 810 is crucial for short term. Positional Traders, trade long above 810 for a target of 840. Trade short below 810 for a target of 750.

Tata Steel

Today, 440 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 440 is crucial for short term. Positional Traders, trade long above 440, for a target of 455. Trade short below 440 for a target of 400.