Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 7 February 2012

Reliance

Today, 850 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 870. Trade short below 850 for a target of 795.

SBI

Today, 2200 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2200 is crucial for short term. Positional Traders, trade long above 2200, for a target of 2250. Trade short below 2200 for a target of 2050.

Axis Bank

Today, 1120 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1120 is crucial for short term. Positional Traders, trade long above 1120, for a target of 1160. Trade short below 1120 for a target of 1040.

Icici Bank

Today, 950 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 950 is crucial for short term. Positional Traders, trade long above 950 for a target of 980. Trade short below 950 for a target of 880.

Tata Steel

Today, 480 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 480 is crucial for short term. Positional Traders, trade long above 480, for a target of 500. Trade short below 480 for a target of 440.