Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 11 January 2011

Reliance

Today, 1040 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040, for a target of 1095. Trade short below 1040 for a target of 980.

SBI

Today, 2520 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2520 is crucial for short term. Positional Traders, trade long above 2520, for a target of 2630. Trade short below 2520 for a target of 2400.

Axis Bank

Today, 1260 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1260 is crucial for short term. Positional Traders, trade long above 1260, for a target of 1320. Trade short below 1260 for a target of 1150.

Icici Bank

Today, 1020 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1020 is crucial for short term. Positional Traders, trade long above 1020 for a target of 1080. Trade short below 1020 for a target of 940.

Tata Steel

Today, 665 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 665 is crucial for short term. Positional Traders, trade long above 665, for a target of 695. Trade short below 665 for a target of 620.