Tuesday, February 02, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel, 2 February

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 1080. 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, 1080 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1080 is crucial for short term. Positional Traders, trade long above 1080, for a target of 1130. Trade short below 1080 for a target of 1030.

Icici Bank
Today, 820 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 820 is crucial for short term. Positional Traders, trade long above 820, for a target of 865. Trade short below 820 for a target of 760.

Tata Steel
Today, 590 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 590 is crucial for short term. Positional Traders, trade long above 590, for a target of 635. Trade short below 590 for a target of 540.