Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 January 2011

Reliance

Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 990, for a target of 1010. Trade short below 990 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, 1260 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1260 is crucial for short term. Positional Traders, trade long above 1260, for a target of 1310. Trade short below 1260 for a target of 1200.

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 6345, for a target of 665. Trade short below 645 for a target of 575.