Sunday, July 10, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 11 July 2011

Reliance
Today, 860 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 860 is crucial for short term. Positional Traders, trade long above 860 for a target of 880. Trade short below 860 for a target of 820.




SBI
Today, 2490 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2490 is crucial for short term. Positional Traders, trade long above 2490, for a target of 2520. Trade short below 2490 for a target of 2440.




Axis Bank

Today, 1300 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1300 is crucial for short term. Positional Traders, trade long above 1300, for a target of 1340. Trade short below 1300 for a target of 1270.





Icici Bank

Today, 1065 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1065 is crucial for short term. Positional Traders, trade long above 1065 for a target of 1110. Trade short below 1065 for a target of 1000.




Tata Steel

Today, 605 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 605 is crucial for short term. Positional Traders, trade long above 605, for a target of 620. Trade short below 605 for a target of 575.