Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 September 2010

Reliance

Today, 1045 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1045 is crucial for short term. Positional Traders, trade long above 1045, for a target of 1075. Trade short below 1045 for a target of 1010.

SBI

Today, 3070 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3070 is crucial for short term. Positional Traders, trade long above 3070, for a target of 3150. Trade short below 3070 for a target of 2980.

Axis Bank

Today, 1475 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1475 is crucial for short term. Positional Traders, trade long above 1475, for a target of 1550. Trade short below 1475 for a target of 1435.

Icici Bank

Today, 1085 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1085 is crucial for short term. Positional Traders, trade long above 1085, for a target of 1140. Trade short below 1085 for a target of 1050.

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 620. Trade short below 590 for a target of 555.