Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 27 October 2010

Reliance

Today, 1105 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1105 is crucial for short term. Positional Traders, trade long above 1105, for a target of 1125. Trade short below 1105 for a target of 1050.

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 3080.

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 1420.

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.