Friday, March 12, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 March

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 900.

SBI
Today, 2050 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2050 is crucial for short term. Positional Traders, trade long above 2050, for a target of 2120. Trade short below 2050 for a target of 1950.

Axis Bank
Today, 1140 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1140 is crucial for short term. Positional Traders, trade long above 1140, for a target of 1175. Trade short below 1140 for a target of 1100.

Icici Bank
Today, 930 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 930 is crucial for short term. Positional Traders, trade long above 930, for a target of 950. Trade short below 930 for a target of 900.

Tata Steel
Today, 600 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 600 is crucial for short term. Positional Traders, trade long above 600, for a target of 630. Trade short below 600 for a target of 580.