Monday, May 10, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 10 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 970.

SBI
Today, 2210 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2210 is crucial for short term. Positional Traders, trade long above 2210, for a target of 2350. Trade short below 2210 for a target of 2150.

Axis Bank
Today, 1170 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1170 is crucial for short term. Positional Traders, trade long above 1170, for a target of 1250. Trade short below 1170 for a target of 1130.

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

The level 550 is crucial for short term. Positional Traders, trade long above 550, for a target of 600. Trade short below 550 for a target of 520.

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