Monday, July 11, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 12 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, 2450 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2450 is crucial for short term. Positional Traders, trade long above 2450, for a target of 2490. Trade short below 2450 for a target of 2390.




Axis Bank

Today, 1280 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1280 is crucial for short term. Positional Traders, trade long above 1280, for a target of 1305. Trade short below 1280 for a target of 1230.





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.