Monday, July 18, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 July 2011

Reliance
Today, 880 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 895. Trade short below 880 for a target of 850.




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 2530. Trade short below 2490 for a target of 2390.




Axis Bank

Today, 1285 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1285 is crucial for short term. Positional Traders, trade long above 1285, for a target of 1305. Trade short below 1285 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 1100. Trade short below 1065 for a target of 1000.




Tata Steel

Today, 580 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 580 is crucial for short term. Positional Traders, trade long above 580, for a target of 590. Trade short below 580 for a target of 555.