Trading strategy and intraday tips - Reliance, Sbi

Trading strategy and intraday tips - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 25 October 2012

• Reliance -  Today, 815 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.  The level 815 is crucial for short term. Positional Traders, trade long above 815 for a target of 840. Trade short below 815 for a target of 760.
• SBI -  Today, 2230 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.  The level 2230 is crucial for short term. Positional Traders, trade long above 2230, for a target of 2265. Trade short below 2230 for a target of 2150.
• Axis Bank -  Today, 1225 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday. The level 1225 is crucial for short term. Positional Traders, trade long above 1225 for a target of 1240. Trade short below 1225 for a target of 1150.
• ICICI Bank -  Today, 1085 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.  The level 1085 is crucial for short term. Positional Traders, trade long above 1085 for a target of 1100. Trade short below 1085 for a target of 1000.
• Tata Steel -  Today, 407 is the crucial intraday level. Trade long above that level and trade short below that level.  The level 407 is crucial for short term. Positional Traders, trade long above  407 for a target of 415. Trade short below 407 for a target of 380.