Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 July 2012

Reliance

Today, 735 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 735 is crucial for short term. Positional Traders, trade long above 735 for a target of 745. Trade short below 735 for a target of 690.

SBI

Today, 2035 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2035 is crucial for short term. Positional Traders, trade long above 2035, for a target of 2060. Trade short below 2035 for a target of 1970.

Axis Bank

Today, 1045 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1045 is crucial for short term. Positional Traders, trade long above 1045 for a target of 1065. Trade short below 1045 for a target of 1015.

Icici Bank

Today, 970 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 970 is crucial for short term. Positional Traders, trade long above 970 for a target of 990. Trade short below 990 for a target of 925.

Tata Steel

Today, 415 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 415 is crucial for short term. Positional Traders, trade long above  415 for a target of 425. Trade short below 415 for a target of 390.