Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 January 2011

Reliance

Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025, for a target of 1040. Trade short below 1025 for a target of 980.

SBI

Today, 2590 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2590 is crucial for short term. Positional Traders, trade long above 2690, for a target of 2630. Trade short below 2690 for a target of 2520.

Axis Bank

Today, 1290 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1290 is crucial for short term. Positional Traders, trade long above 1290, for a target of 1340. Trade short below 1290 for a target of 1220.

Icici Bank

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

The level 1040 is crucial for short term. Positional Traders, trade long above 1040 for a target of 1085. Trade short below 1040 for a target of 940.

Tata Steel

Today, 645 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 645 is crucial for short term. Positional Traders, trade long above 645, for a target of 695. Trade short below 645 for a target of 590.