Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 October 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 1080. Trade short below 1050 for a target of 1020.

SBI

Today, 3150 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3150 is crucial for short term. Positional Traders, trade long above 3150, for a target of 3200. Trade short below 3150 for a target of 3080.

Axis Bank

Today, 1525 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1525 is crucial for short term. Positional Traders, trade long above 1525, for a target of 1550. Trade short below 1525 for a target of 1440.

Icici Bank

Today, 1120 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1120 is crucial for short term. Positional Traders, trade long above 1120 for a target of 1150. Trade short below 1120 for a target of 1085.

Tata Steel

Today, 620 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 620 is crucial for short term. Positional Traders, trade long above 620, for a target of 655. Trade short below 620 for a target of 590.