Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 May 2012

Reliance

Today, 695 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 695 is crucial for short term. Positional Traders, trade long above 695 for a target of 715. Trade short below 695 for a target of 660.

SBI

Today, 1930 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1930 is crucial for short term. Positional Traders, trade long above 1930, for a target of 1980. Trade short below 1930 for a target of 1800.

Axis Bank

Today, 960 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 960 is crucial for short term. Positional Traders, trade long above 960 for a target of 990. Trade short below 960 for a target of 900.

Icici Bank

Today, 795 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 795 is crucial for short term. Positional Traders, trade long above 795 for a target of 750. Trade short below 795 for a target of 815.

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 410. Trade short below 400 for a target of 370.