Thursday, March 18, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 March

Reliance

Today, 1090 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1065 is crucial for short term. Positional Traders, trade long above 1090, for a target of 1130. Trade short below 1090 for a target of 1030.

SBI
Today, 2025 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2025 is crucial for short term. Positional Traders, trade long above 2025, for a target of 2070. Trade short below 2025 for a target of 1960.

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 960. Trade short below 930 for a target of 900.

Tata Steel
Today, 625 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 625 is crucial for short term. Positional Traders, trade long above 625, for a target of 655. Trade short below 625 for a target of 580.