Friday, March 26, 2010

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

Reliance

Today, 1055 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1055 is crucial for short term. Positional Traders, trade long above 1055, for a target of 1130. Trade short below 1055 for a target of 1000.

SBI
Today, 2070 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2070 is crucial for short term. Positional Traders, trade long above 2070, for a target of 2120. Trade short below 2070 for a target of 2020.

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, 945 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.