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

Reliance

Today, 740 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 740 is crucial for short term. Positional Traders, trade long above 740 for a target of 750. Trade short below 740 for a target of 700.

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, 1140 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1140 is crucial for short term. Positional Traders, trade long above 1140 for a target of 1190. Trade short below 1140 for a target of 1100.

Icici Bank

Today, 875 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 890. Trade short below 875 for a target of 805.

Tata Steel

Today, 460 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 460 is crucial for short term. Positional Traders, trade long above 450 for a target of 470. Trade short below 450 for a target of 430.