Wednesday, March 31, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 March

Reliance

Today, 1095 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1095 is crucial for short term. Positional Traders, trade long above 1095, for a target of 1130. Trade short below 1095 for a target of 1040.

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 2130. Trade short below 2070 for a target of 2020.

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 1130.

Icici Bank
Today, 940 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 970 is crucial for short term. Positional Traders, trade long above 970, for a target of 1000. Trade short below 970 for a target of 940.

Tata Steel
Today, 645 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 645 is crucial for short term. Positional Traders, trade long above 645, for a target of 660. Trade short below 645 for a target of 600.