Friday, July 22, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 July 2011

Reliance
Today, 855 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 855 is crucial for short term. Positional Traders, trade long above 855 for a target of 885. Trade short below 855 for a target of 830.




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, 1260 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1260 is crucial for short term. Positional Traders, trade long above 1260, for a target of 1285. Trade short below 1260 for a target of 1210.




Icici Bank

Today, 1040 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040 for a target of 1100. Trade short below 1040 for a target of 1000.




Tata Steel

Today, 585 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 585 is crucial for short term. Positional Traders, trade long above 585, for a target of 605. Trade short below 585 for a target of 555.