Tuesday, January 25, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 25 January 2011

Reliance
Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 990, for a target of 1010. Trade short below 990 for a target of 950.




SBI
Today, 2740 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2740 is crucial for short term. Positional Traders, trade long above 2740, for a target of 2850. Trade short below 2740 for a target of 2600.




Axis Bank

Today, 1350 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1350 is crucial for short term. Positional Traders, trade long above 1350, for a target of 1400. Trade short below 1350 for a target of 1260.





Icici Bank

Today, 1100 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1100 is crucial for short term. Positional Traders, trade long above 1100 for a target of 1150. Trade short below 1100 for a target of 1030.




Tata Steel

Today, 645 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 645 is crucial for short term. Positional Traders, trade long above 645, for a target of 665. Trade short below 645 for a target of 575.

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