Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 June 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 720. Trade short below 700 for a target of 660.

SBI

Today, 2065 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2065 is crucial for short term. Positional Traders, trade long above 2065, for a target of 2100. Trade short below 2065 for a target of 1920.

Axis Bank

Today, 1000 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1000 is crucial for short term. Positional Traders, trade long above 1000 for a target of 950. Trade short below 1000 for a target of 1020.

Icici Bank

Today, 798 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 798 is crucial for short term. Positional Traders, trade long above 798 for a target of 815. Trade short below 798 for a target of 740.

Tata Steel

Today, 410 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 410 is crucial for short term. Positional Traders, trade long above 410 for a target of 420. Trade short below 410 for a target of 370.