Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 October 2012

Reliance

Today, 825 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 825 is crucial for short term. Positional Traders, trade long above 825 for a target of 840. Trade short below 825 for a target of 780.

SBI

Today, 2290 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2290 is crucial for short term. Positional Traders, trade long above 2290, for a target of 2325. Trade short below 2290 for a target of 2150.

Axis Bank

Today, 1130 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1130 is crucial for short term. Positional Traders, trade long above 1130 for a target of 1160. Trade short below 1130 for a target of 1060.

Icici Bank

Today, 1060 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1060 is crucial for short term. Positional Traders, trade long above 1060 for a target of 1075. Trade short below 1060 for a target of 1020.

Tata Steel

Today, 425 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 425 is crucial for short term. Positional Traders, trade long above  425 for a target of 435. Trade short below 425 for a target of 380.