Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 August 2012

Reliance

Today, 800 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 800 is crucial for short term. Positional Traders, trade long above 800 for a target of 810. Trade short below 800 for a target of 770.

SBI

Today, 1930 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1930 is crucial for short term. Positional Traders, trade long above 1930, for a target of 1960. Trade short below 1930 for a target of 1800.

Axis Bank

Today, 1100 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1100 is crucial for short term. Positional Traders, trade long above 1110 for a target of 1120. Trade short below 1110 for a target of 1050.

Icici Bank

Today, 980 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 980 is crucial for short term. Positional Traders, trade long above 980 for a target of 990. Trade short below 980 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.