Wednesday, January 27, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel, 27 Jan

Reliance

Today, 1075 is the crucial intraday level. Trade long above that level and trade short below that level.
The level 1075 is crucial for short term. Positional Traders, trade long above 1075, for a target of 1140. Trade short below 1075 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, 1030 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1030 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, 825 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 825 is crucial for short term. Positional Traders, trade long above 825, for a target of 850. Trade short below 825 for a target of 760.

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.