Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 October 2012

Reliance

Today, 820 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 820 is crucial for short term. Positional Traders, trade long above 820 for a target of 840. Trade short below 820 for a target of 780.

SBI

Today, 2260 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2260 is crucial for short term. Positional Traders, trade long above 2260, for a target of 2290. Trade short below 2260 for a target of 2150.

Axis Bank

Today, 1150 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1150 is crucial for short term. Positional Traders, trade long above 1150 for a target of 1170. Trade short below 1150 for a target of 1060.

Icici Bank

Today, 1055 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1055 is crucial for short term. Positional Traders, trade long above 1055 for a target of 1075. Trade short below 1055 for a target of 1000.

Tata Steel

Today, 415 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 415 is crucial for short term. Positional Traders, trade long above  415 for a target of 425. Trade short below 415 for a target of 380.