Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 30 July 2012

Reliance

Today, 730 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 730 is crucial for short term. Positional Traders, trade long above 730 for a target of 745. Trade short below 730 for a target of 690.

SBI

Today, 1970 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1970 is crucial for short term. Positional Traders, trade long above 1970, for a target of 2020. Trade short below 1970 for a target of 1870.

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 1025. Trade short below 1015 for a target of 980.

Icici Bank

Today, 925 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 925 is crucial for short term. Positional Traders, trade long above 925 for a target of 950. Trade short below 925 for a target of 885.

Tata Steel

Today, 405 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 405 is crucial for short term. Positional Traders, trade long above  405 for a target of 415. Trade short below 405 for a target of 370.