Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 25 October 2010

Reliance

Today, 1095 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1095 is crucial for short term. Positional Traders, trade long above 1095, for a target of 1110. Trade short below 1095 for a target of 1020.

SBI

Today, 3220 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3220 is crucial for short term. Positional Traders, trade long above 3220, for a target of 3250. Trade short below 3220 for a target of 3140.

Axis Bank

Today, 1490 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1490 is crucial for short term. Positional Traders, trade long above 1490, for a target of 1520. Trade short below 1490 for a target of 1430.

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 1085.

Tata Steel

Today, 635 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 630 is crucial for short term. Positional Traders, trade long above 635, for a target of 655. Trade short below 635 for a target of 590.