Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 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 715. Trade short below 700 for a target of 660.

SBI

Today, 2020 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2050 is crucial for short term. Positional Traders, trade long above 2050, for a target of 2100. Trade short below 2050 for a target of 1900.

Axis Bank

Today, 1015 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1015 is crucial for short term. Positional Traders, trade long above 1015 for a target of 1055. Trade short below 1015 for a target of 900.

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 750. Trade short below 825 for a target of 850.

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 440. Trade short below 420 for a target of 380.