Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 4 November 2010

Reliance

Today, 1085 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1085 is crucial for short term. Positional Traders, trade long above 1085, for a target of 1105. Trade short below 1085 for a target of 1035.

SBI

Today, 3320 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3260 is crucial for short term. Positional Traders, trade long above 3260, for a target of 3360. Trade short below 3260 for a target of 3160.

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 1580. 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, 615 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 615 is crucial for short term. Positional Traders, trade long above 615, for a target of 635. Trade short below 615 for a target of 590.