Wednesday, February 17, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel, 17 Feb

Reliance

Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025, 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, 1025 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1055 is crucial for short term. Positional Traders, trade long above 1055, for a target of 1100. Trade short below 1055 for a target of 1000.

Icici Bank
Today, 835 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 835 is crucial for short term. Positional Traders, trade long above 835, for a target of 865. Trade short below 835 for a target of 760.

Tata Steel
Today, 545 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 545 is crucial for short term. Positional Traders, trade long above 545, for a target of 570. Trade short below 545 for a target of 500.