Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 29 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, 2150 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2150 is crucial for short term. Positional Traders, trade long above 2150, for a target of 2220. Trade short below 2150 for a target of 2000.

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 1055. 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 810. Trade short below 835 for a target of 855.

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.