Wednesday, January 20, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel

Reliance
Today, 1100 is the crucial intraday level. Trade long above that level and trade short below that level.
The level 1100 is crucial for short term. Positional Traders, trade long above 1120, for a target of 1140. Trade short below 1100 for a target of 1050.


SBI

Today, 2180 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2180 is crucial for short term. Positional Traders, trade long above 2180, for a target of 2240. Trade short below 2180 for a target of 2100.


Axis Bank

Today, 1090 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1090 is crucial for short term. Positional Traders, trade long above 1090, for a target of 1140. Trade short below 1090 for a target of 1025.

Icici Bank

Today, 865 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 865 is crucial for short term. Positional Traders, trade long above 865, for a target of 890. Trade short below 865 for a target of 790.

Tata Steel

Today, 635 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 635 is crucial for short term. Positional Traders, trade long above 635, for a target of 660. Trade short below 635 for a target of 590.