Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 30 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, 1840 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1840 is crucial for short term. Positional Traders, trade long above 1840, for a target of 1860. Trade short below 1840 for a target of 1780.

Axis Bank

Today, 1030 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1030 is crucial for short term. Positional Traders, trade long above 1030 for a target of 1045. Trade short below 1030 for a target of 970.

Icici Bank

Today, 925 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 925 is crucial for short term. Positional Traders, trade long above 925 for a target of 940. Trade short below 925 for a target of 885.

Tata Steel

Today, 380 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 380 is crucial for short term. Positional Traders, trade long above  380 for a target of 385. Trade short below 380 for a target of 360.