Wednesday, August 03, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 3 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, 2250 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2250 is crucial for short term. Positional Traders, trade long above 2250, for a target of 2330. Trade short below 2250 for a target of 2100.




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




The level 575 is crucial for short term. Positional Traders, trade long above 575, for a target of 595. Trade short below 575 for a target of 550.