Friday, February 26, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel-26 February

Reliance

Today, 985 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 985 is crucial for short term. Positional Traders, trade long above 1005, for a target of 1050. Trade short below 985 for a target of 900.

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, 1075 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 1075, for a target of 1130. 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 870. 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 590, for a target of 620. Trade short below 590 for a target of 540.