Friday, May 14, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 May

Reliance
Today, 1060 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 1060.

SBI
Today, 2280 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2280 is crucial for short term. Positional Traders, trade long above 2280, for a target of 2360. Trade short below 2280 for a target of 2210.

Axis Bank
Today, 1280 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1280 is crucial for short term. Positional Traders, trade long above 1280, for a target of 1320. Trade short below 1280 for a target of 1250.

Icici Bank
Today, 910 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, 565 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 565 is crucial for short term. Positional Traders, trade long above 575, for a target of 620. Trade short below 575 for a target of 540.

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