Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 7 January 2011

Reliance

Today, 1095 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1095 is crucial for short term. Positional Traders, trade long above 1095, for a target of 1125. Trade short below 1095 for a target of 1065.

SBI

Today, 2630 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2630 is crucial for short term. Positional Traders, trade long above 2630, for a target of 2730. Trade short below 2630 for a target of 2550.

Axis Bank

Today, 1320 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1320 is crucial for short term. Positional Traders, trade long above 1320, for a target of 1280. Trade short below 1320 for a target of 1350.

Icici Bank

Today, 1170 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1070 is crucial for short term. Positional Traders, trade long above 1070 for a target of 1115. Trade short below 1070 for a target of 1020.

Tata Steel

Today, 695 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 695 is crucial for short term. Positional Traders, trade long above 695, for a target of 715. Trade short below 695 for a target of 675.