Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 May 2012

Reliance

Today, 700 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 700 is crucial for short term. Positional Traders, trade long above 700 for a target of 725. Trade short below 700 for a target of 680.

SBI

Today, 1980 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1980 is crucial for short term. Positional Traders, trade long above 1980, for a target of 2050. Trade short below 1980 for a target of 1860.

Axis Bank

Today, 995 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 995 is crucial for short term. Positional Traders, trade long above 995 for a target of 1040. Trade short below 995 for a target of 955.

Icici Bank

Today, 825 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 825 is crucial for short term. Positional Traders, trade long above 825 for a target of 860. Trade short below 825 for a target of 790.

Tata Steel

Today, 430 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 430 is crucial for short term. Positional Traders, trade long above 430 for a target of 445. Trade short below 430 for a target of 415.