Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 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, 1540 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1540 is crucial for short term. Positional Traders, trade long above 1540, for a target of 1600. Trade short below 1540 for a target of 1470.

Icici Bank

Today, 1250 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1250 is crucial for short term. Positional Traders, trade long above 1250 for a target of 1300. Trade short below 1250 for a target of 1170.

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.