Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 4 May 2012

Reliance

Today, 745 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 745 is crucial for short term. Positional Traders, trade long above 745 for a target of 765. Trade short below 745 for a target of 680.

SBI

Today, 2090 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2090 is crucial for short term. Positional Traders, trade long above 2090, for a target of 2130. Trade short below 2090 for a target of 2000.

Axis Bank

Today, 1080 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1080 is crucial for short term. Positional Traders, trade long above 1080 for a target of 1100. Trade short below 1080 for a target of 1000.

Icici Bank

Today, 870 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 900. Trade short below 870 for a target of 820.

Tata Steel

Today, 455 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 455 is crucial for short term. Positional Traders, trade long above 455 for a target of 470. Trade short below 455 for a target of 430.