Friday, July 29, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 29 July 2011

Reliance
Today, 830 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 830 is crucial for short term. Positional Traders, trade long above 830 for a target of 860. Trade short below 830 for a target of 800.




SBI
Today, 2380 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2380 is crucial for short term. Positional Traders, trade long above 2380, for a target of 2430. Trade short below 2380 for a target of 2250.




Axis Bank

Today, 1290 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1290 is crucial for short term. Positional Traders, trade long above 1290, for a target of 1340. Trade short below 1290 for a target of 1230.




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




The level 570 is crucial for short term. Positional Traders, trade long above 570, for a target of 580. Trade short below 570 for a target of 550.