Friday, April 08, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 April 2011

Reliance
Today, 1060 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1060 is crucial for short term. Positional Traders, trade long above 1060 for a target of 1090. Trade short below 1060 for a target of 1010.




SBI
Today, 2830 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2830 is crucial for short term. Positional Traders, trade long above 2830, for a target of 2900. Trade short below 2830 for a target of 2700.




Axis Bank

Today, 1440 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1440 is crucial for short term. Positional Traders, trade long above 1440, for a target of 1465. Trade short below 1440 for a target of 1390.





Icici Bank

Today, 1090 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1090 is crucial for short term. Positional Traders, trade long above 1090 for a target of 1130. Trade short below 1090 for a target of 1040.




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 660. Trade short below 640 for a target of 605.

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