Friday, August 05, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 August 2011

Reliance
Today, 800 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 800 is crucial for short term. Positional Traders, trade long above 800 for a target of 820. Trade short below 800 for a target of 770.




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, 1300 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1300 is crucial for short term. Positional Traders, trade long above 1300, for a target of 1340. Trade short below 1300 for a target of 1200.




Icici Bank

Today, 950 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 950 is crucial for short term. Positional Traders, trade long above 950 for a target of 980. Trade short below 950 for a target of 900.




Tata Steel

Today, 555 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 555 is crucial for short term. Positional Traders, trade long above 555, for a target of 575. Trade short below 555 for a target of 510.