Thursday, March 25, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 25 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, 2020 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2020 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 1138 is crucial for short term. Positional Traders, trade long above 1138, for a target of 1175. Trade short below 1138 for a target of 1100.

Icici Bank
Today, 925 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 945 is crucial for short term. Positional Traders, trade long above 945, for a target of 1000. Trade short below 945 for a target of 890.

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 650. Trade short below 625 for a target of 580.