Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 May 2012

Reliance

Today, 710 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 710 is crucial for short term. Positional Traders, trade long above 700 for a target of 730. Trade short below 710 for a target of 670.

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, 1035 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1035 is crucial for short term. Positional Traders, trade long above 1035 for a target of 1060. Trade short below 1035 for a target of 950.

Icici Bank

Today, 835 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 835 is crucial for short term. Positional Traders, trade long above 835 for a target of 860. Trade short below 835 for a target of 790.

Tata Steel

Today, 420 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 420 is crucial for short term. Positional Traders, trade long above 420 for a target of 435. Trade short below 420 for a target of 390.