Friday, April 16, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 April

Reliance

Today, 1100 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1100 is crucial for short term. Positional Traders, trade long above 1100, for a target of 1140. Trade short below 1100 for a target of 1040.

SBI
Today, 2060 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2060 is crucial for short term. Positional Traders, trade long above 2060, for a target of 2120. Trade short below 2060 for a target of 2000.

Axis Bank
Today, 1130 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1130 is crucial for short term. Positional Traders, trade long above 1130, for a target of 1200. Trade short below 1130 for a target of 1080.

Icici Bank
Today, 910 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 910 is crucial for short term. Positional Traders, trade long above 910, for a target of 940. Trade short below 910 for a target of 850.

Tata Steel
Today, 690 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 690 is crucial for short term. Positional Traders, trade long above 690, for a target of 710. Trade short below 690 for a target of 650.