Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 June 2010

Reliance

Today, 1050 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1050 is crucial for short term. Positional Traders, trade long above 1050, for a target of 1140. Trade short below 1050 for a target of 975.

SBI

Today, 2380 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2380 is crucial for short term. Positional Traders, trade long above 2380, for a target of 2430. Trade short below 2380 for a target of 2340.

Axis Bank

Today, 1255 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1255 is crucial for short term. Positional Traders, trade long above 1255, for a target of 1290. Trade short below 1255 for a target of 1190.

Icici Bank

Today, 860 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 860 is crucial for short term. Positional Traders, trade long above 860, for a target of 910. Trade short below 860 for a target of 840.

Tata Steel

Today, 475 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 475 is crucial for short term. Positional Traders, trade long above 475, for a target of 510. Trade short below 475 for a target of 450.