Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 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 1120. Trade short below 1105 for a target of 1070.

SBI

Today, 3450 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 3450 is crucial for short term. Positional Traders, trade long above 3500, for a target of 3320. Trade short below 3450 for a target of 3160.

Axis Bank

Today, 1555 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1555 is crucial for short term. Positional Traders, trade long above 1555, for a target of 1590. Trade short below 1555 for a target of 1520.

Icici Bank

Today, 1245 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1245 is crucial for short term. Positional Traders, trade long above 1245 for a target of 1300. Trade short below 1245 for a target of 1285.

Tata Steel

Today, 640 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 640 is crucial for short term. Positional Traders, trade long above 640, for a target of 660. Trade short below 640 for a target of 615.