Friday, March 19, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 March

Reliance

Today, 1065 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 1065, for a target of 1130. Trade short below 1065 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, 1175 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1175 is crucial for short term. Positional Traders, trade long above 1175, for a target of 1220. Trade short below 1175 for a target of 1140.

Icici Bank
Today, 975 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 975 is crucial for short term. Positional Traders, trade long above 975, for a target of 1000. Trade short below 975 for a target of 930.

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.