Tuesday, August 02, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 2 August 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 855. Trade short below 830 for a target of 800.




SBI
Today, 2350 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, 1340 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1340 is crucial for short term. Positional Traders, trade long above 1340, for a target of 1380. Trade short below 1340 for a target of 1290.




Icici Bank

Today, 1060 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1060 is crucial for short term. Positional Traders, trade long above 1060 for a target of 1100. Trade short below 1060 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 595. Trade short below 580 for a target of 550.