Wednesday, May 26, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 26 May

Reliance
Today, 1015 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1015 is crucial for short term. Positional Traders, trade long above 1015, for a target of 1040. Trade short below 1015 for a target of 960.

SBI
Today, 2185 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2185 is crucial for short term. Positional Traders, trade long above 2185, for a target of 2220. Trade short below 2185 for a target of 2130.

Axis Bank
Today, 1190 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1190 is crucial for short term. Positional Traders, trade long above 1190, for a target of 1220. Trade short below 1190 for a target of 1130.

Icici Bank
Today, 830 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 830 is crucial for short term. Positional Traders, trade long above 830, for a target of 850. Trade short below 830 for a target of 800.

Tata Steel
Today, 500 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 500 is crucial for short term. Positional Traders, trade long above 500, for a target of 520. Trade short below 500 for a target of 475.

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