Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 October 2010

Reliance

Today, 1000 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010, for a target of 1025. Trade short below 1010 for a target of 965.

SBI

Today, 3210 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3210 is crucial for short term. Positional Traders, trade long above 3160, for a target of 3300. Trade short below 3200 for a target of 3120.

Axis Bank

Today, 1560 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1560 is crucial for short term. Positional Traders, trade long above 1560, for a target of 1590. Trade short below 1560 for a target of 1470.

Icici Bank

Today, 1140 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1140 is crucial for short term. Positional Traders, trade long above 1140, for a target of 1160. Trade short below 1140 for a target of 1040.

Tata Steel

Today, 640 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 640 is crucial for short term. Positional Traders, trade long above 640, for a target of 670. Trade short below 640 for a target of 610.