Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 August 2012

Reliance

Today, 750 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 750 is crucial for short term. Positional Traders, trade long above 750 for a target of 765. Trade short below 750 for a target of 715.

SBI

Today, 2000 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2000 is crucial for short term. Positional Traders, trade long above 2000, for a target of 2045. Trade short below 2000 for a target of 1930.

Axis Bank

Today, 1060 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1060 is crucial for short term. Positional Traders, trade long above 1060 for a target of 1080. Trade short below 1060 for a target of 980.

Icici Bank

Today, 970 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 970 is crucial for short term. Positional Traders, trade long above 970 for a target of 990. Trade short below 990 for a target of 925.

Tata Steel

Today, 415 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 415 is crucial for short term. Positional Traders, trade long above  415 for a target of 425. Trade short below 415 for a target of 390.