Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 August 2012

Reliance

Today, 810 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 810 is crucial for short term. Positional Traders, trade long above 810 for a target of 830. Trade short below 810 for a target of 780.

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, 1110 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1110 is crucial for short term. Positional Traders, trade long above 1110 for a target of 1120. Trade short below 1110 for a target of 1075.

Icici Bank

Today, 975 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 975 is crucial for short term. Positional Traders, trade long above 975 for a target of 990. Trade short below 975 for a target of 925.

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.