Monday, April 05, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 April

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 2130 is crucial for short term. Positional Traders, trade long above 2130, for a target of 2170. Trade short below 2130 for a target of 2070.

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

The level 940 is crucial for short term. Positional Traders, trade long above 940, for a target of 1010. Trade short below 940 for a target of 890.

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 670. Trade short below 645 for a target of 600.