Wednesday, August 10, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 10 August 2011

Reliance
Today, 780 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 780 is crucial for short term. Positional Traders, trade long above 780 for a target of 800. Trade short below 780 for a target of 730.




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 2300. Trade short below 2250 for a target of 2100.




Axis Bank

Today, 1225 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1225 is crucial for short term. Positional Traders, trade long above 1225, for a target of 1255. Trade short below 1225 for a target of 1170.




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 975. Trade short below 950 for a target of 900.




Tata Steel

Today, 500 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 500 is crucial for short term. Positional Traders, trade long above 500, for a target of 520. Trade short below 500 for a target of 470.