Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 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, 1860 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1860 is crucial for short term. Positional Traders, trade long above 1860, for a target of 1890. Trade short below 1860 for a target of 1780.

Axis Bank

Today, 1035 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1035 is crucial for short term. Positional Traders, trade long above 1035 for a target of 1055. Trade short below 1035 for a target of 970.

Icici Bank

Today, 940 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 940 is crucial for short term. Positional Traders, trade long above 940 for a target of 950. Trade short below 940 for a target of 900.

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.