Tuesday, May 24, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 May 2011

Reliance
Today, 915 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 915 is crucial for short term. Positional Traders, trade long above 915 for a target of 940. Trade short below 915 for a target of 890.




SBI
Today, 2250 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2250 is crucial for short term. Positional Traders, trade long above 2250, for a target of 2350. Trade short below 2250 for a target of 2150.




Axis Bank

Today, 1200 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1200 is crucial for short term. Positional Traders, trade long above 1200, for a target of 1260. Trade short below 1200 for a target of 1150.





Icici Bank

Today, 1000 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1000 is crucial for short term. Positional Traders, trade long above 1000 for a target of 1040. Trade short below 1000 for a target of 940.




Tata Steel

Today, 555 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 555 is crucial for short term. Positional Traders, trade long above 555, for a target of 580. Trade short below 555 for a target of 510.

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