Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 13 September 2010

Reliance

Today, 975 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 975 is crucial for short term. Positional Traders, trade long above 975, for a target of 1000. Trade short below 975 for a target of 900.

SBI

Today, 2970 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2970 is crucial for short term. Positional Traders, trade long above 2970, for a target of 3050. Trade short below 2970 for a target of 2870.

Axis Bank

Today, 1405 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1405 is crucial for short term. Positional Traders, trade long above 1405, for a target of 1425. Trade short below 1405 for a target of 1345.

Icici Bank

Today, 1040 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040, for a target of 1080. Trade short below 1040 for a target of 1000.

Tata Steel

Today, 590 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 590 is crucial for short term. Positional Traders, trade long above 590, for a target of 610. Trade short below 590 for a target of 555.