Tuesday, April 20, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 April

Reliance
Today, 1040 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040, for a target of 1070. Trade short below 1040 for a target of 980.

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

The level 890 is crucial for short term. Positional Traders, trade long above 890, for a target of 940. Trade short below 890 for a target of 850.

Tata Steel
Today, 660 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 660 is crucial for short term. Positional Traders, trade long above 660, for a target of 700. Trade short below 660 for a target of 630.