Friday, February 19, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel-19 February 2010

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

The level 855 is crucial for short term. Positional Traders, trade long above 855, for a target of 880. Trade short below 855 for a target of 810.

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 545, for a target of 620. Trade short below 590 for a target of 540.