Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 May 2012

Reliance

Today, 690 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 690 is crucial for short term. Positional Traders, trade long above 690 for a target of 710. Trade short below 690 for a target of 650.

SBI

Today, 1860 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1860 is crucial for short term. Positional Traders, trade long above 1860, for a target of 1900. Trade short below 1860 for a target of 1730.

Axis Bank

Today, 955 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 955 is crucial for short term. Positional Traders, trade long above 955 for a target of 985. Trade short below 955 for a target of 900.

Icici Bank

Today, 780 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 780 is crucial for short term. Positional Traders, trade long above 780 for a target of 810. Trade short below 780 for a target of 710.

Tata Steel

Today, 400 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 400 is crucial for short term. Positional Traders, trade long above 400 for a target of 420. Trade short below 400 for a target of 370.