Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 27 August 2012

Reliance

Today, 795 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 795 is crucial for short term. Positional Traders, trade long above 795 for a target of 805. Trade short below 795 for a target of 770.

SBI

Today, 1900 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1900 is crucial for short term. Positional Traders, trade long above 1900, for a target of 1930. Trade short below 1900 for a target of 1800.

Axis Bank

Today, 1080 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1080 is crucial for short term. Positional Traders, trade long above 1080 for a target of 1100. Trade short below 1080 for a target of 1050.

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 990. Trade short below 965 for a target of 925.

Tata Steel

Today, 390 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 390 is crucial for short term. Positional Traders, trade long above  390 for a target of 400. Trade short below 390 for a target of 370.