Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 August 2012

Reliance

Today, 790 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 790 is crucial for short term. Positional Traders, trade long above 790 for a target of 800. Trade short below 790 for a target of 750.

SBI

Today, 1920 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1920 is crucial for short term. Positional Traders, trade long above 1920, for a target of 1960. Trade short below 1920 for a target of 1800.

Axis Bank

Today, 1095 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1095 is crucial for short term. Positional Traders, trade long above 1095 for a target of 1105. Trade short below 1095 for a target of 1030.

Icici Bank

Today, 965 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 965 is crucial for short term. Positional Traders, trade long above 965 for a target of 980. Trade short below 965 for a target of 900.

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 380.