Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 October 2010

Reliance

Today, 1070 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1070 is crucial for short term. Positional Traders, trade long above 1070, for a target of 1095. Trade short below 1070 for a target of 1045.

SBI

Today, 3200 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3200 is crucial for short term. Positional Traders, trade long above 3200, for a target of 3250. Trade short below 3200 for a target of 3080.

Axis Bank

Today, 1500 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1500 is crucial for short term. Positional Traders, trade long above 1500, for a target of 1525. Trade short below 1500 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 1125 is crucial for short term. Positional Traders, trade long above 1125 for a target of 1150. Trade short below 1125 for a target of 1085.

Tata Steel

Today, 645 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 645 is crucial for short term. Positional Traders, trade long above 645, for a target of 665. Trade short below 645 for a target of 620.