Monday, February 22, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel-22 February 2010

Reliance

Today, 1005 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1005 is crucial for short term. Positional Traders, trade long above 1005, for a target of 1050. Trade short below 1005 for a target of 940.

SBI
Today, 1930 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1930 is crucial for short term. Positional Traders, trade long above 1930, for a target of 1960. Trade short below 1930 for a target of 1850.

Axis Bank
Today, 1100 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 1055, for a target of 1120. Trade short below 1075 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.