Monday, May 03, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 May

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 1140. Trade short below 1040 for a target of 980.

SBI
Today, 2270 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2270 is crucial for short term. Positional Traders, trade long above 2270, for a target of 2350. Trade short below 2270 for a target of 2140.

Axis Bank
Today, 1220 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1220 is crucial for short term. Positional Traders, trade long above 1220, for a target of 1320. Trade short below 1220 for a target of 1190.

Icici Bank
Today, 940 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 970. Trade short below 940 for a target of 910.

Tata Steel
Today, 640 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 640 is crucial for short term. Positional Traders, trade long above 640, for a target of 700. Trade short below 640 for a target of 600.

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