Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 05 July 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 1100. Trade short below 1050 for a target of 1000.

SBI

Today, 2280 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2280 is crucial for short term. Positional Traders, trade long above 2280, for a target of 2320. Trade short below 2280 for a target of 2200.

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, 8350 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 835 is crucial for short term. Positional Traders, trade long above 835, for a target of 880. Trade short below 835 for a target of 810.

Tata Steel

Today, 470 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 470 is crucial for short term. Positional Traders, trade long above 470, for a target of 490. Trade short below 470 for a target of 450.