Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 10 January 2011

Reliance

Today, 1065 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1065 is crucial for short term. Positional Traders, trade long above 1065, for a target of 1095. Trade short below 1065 for a target of 1040.

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, 1300 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1300 is crucial for short term. Positional Traders, trade long above 1300, for a target of 1220. Trade short below 1300 for a target of 1350.

Icici Bank

Today, 1090 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1090 is crucial for short term. Positional Traders, trade long above 1090 for a target of 1115. Trade short below 1090 for a target of 1020.

Tata Steel

Today, 675 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 675 is crucial for short term. Positional Traders, trade long above 675, for a target of 695. Trade short below 675 for a target of 655.