Tuesday, February 09, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel, 9 Feb

Reliance

Today, 1015 is the crucial intraday level. Trade long above that level and trade short below that level. 
The level 1015 is crucial for short term. Positional Traders, trade long above 1015, for a target of 1050. Trade short below 1015 for a target of 940.

SBI
Today, 1920 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1960 is crucial for short term. Positional Traders, trade long above 1960, for a target of 2050. Trade short below 1960 for a target of 1800.

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 1030, for a target of 1080. Trade short below 1030 for a target of 1000.

Icici Bank
Today, 815 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 815 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, 570 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 570 is crucial for short term. Positional Traders, trade long above 570, for a target of 605. Trade short below 570 for a target of 500.