Monday, April 19, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 April

Reliance
Today, 1070 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1070 is crucial for short term. Positional Traders, trade long above 1070, for a target of 1140. Trade short below 1070 for a target of 1040.

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 2020, for a target of 2070. Trade short below 2020 for a target of 1950.

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

The level 700 is crucial for short term. Positional Traders, trade long above 700, for a target of 730. Trade short below 700 for a target of 660.