Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 21 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, 2020 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2020 is crucial for short term. Positional Traders, trade long above 2020, for a target of 2060. Trade short below 2020 for a target of 1900.

Axis Bank

Today, 970 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 970 is crucial for short term. Positional Traders, trade long above 970 for a target of 990. Trade short below 955 for a target of 900.

Icici Bank

Today, 815 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 815 is crucial for short term. Positional Traders, trade long above 815 for a target of 785. Trade short below 815 for a target of 835.

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.