Friday, January 22, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel, 22 January

Reliance

Today, 1050 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1050 is crucial for short term. Positional Traders, trade long above 1050, for a target of 1140. Trade short below 1050 for a target of 940.



SBI

Today, 2050 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2050 is crucial for short term. Positional Traders, trade long above 2050, for a target of 2130. Trade short below 2050 for a target of 1950.

Axis Bank

Today, 1020 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1020 is crucial for short term. Positional Traders, trade long above 1020, for a target of 1060. Trade short below 1020 for a target of 950.

Icici Bank

Today, 840 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.