Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 January 2011

Reliance

Today, 1010 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010, for a target of 1040. Trade short below 1010 for a target of 950.

SBI

Today, 2525 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2525 is crucial for short term. Positional Traders, trade long above 2525, for a target of 2580. Trade short below 2525 for a target of 2400.

Axis Bank

Today, 1240 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1240 is crucial for short term. Positional Traders, trade long above 1240, for a target of 1270. Trade short below 1240 for a target of 1150.

Icici Bank

Today, 1030 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1030 is crucial for short term. Positional Traders, trade long above 1030 for a target of 1085. Trade short below 1030 for a target of 940.

Tata Steel

Today, 630 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 630 is crucial for short term. Positional Traders, trade long above 630, for a target of 645. Trade short below 630 for a target of 575.