Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 November 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, 3160 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3160 is crucial for short term. Positional Traders, trade long above 3160, for a target of 3250. Trade short below 3160 for a target of 3060.

Axis Bank

Today, 1470 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1470 is crucial for short term. Positional Traders, trade long above 1470, for a target of 1520. Trade short below 1470 for a target of 1430.

Icici Bank

Today, 1075 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1075 is crucial for short term. Positional Traders, trade long above 1075 for a target of 1140. Trade short below 1075 for a target of 1035.

Tata Steel

Today, 590 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 590 is crucial for short term. Positional Traders, trade long above 635, for a target of 630. Trade short below 590 for a target of 560.