Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 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 820. Trade short below 800 for a target of 770.

SBI

Today, 2090 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2090 is crucial for short term. Positional Traders, trade long above 2090, for a target of 2120. Trade short below 2090 for a target of 2000.

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 1130. Trade short below 1110 for a target of 1060.

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 1000. Trade short below 980 for a target of 925.

Tata Steel

Today, 410 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 410 is crucial for short term. Positional Traders, trade long above  410 for a target of 420. Trade short below 410 for a target of 390.