Wednesday, October 05, 2011

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

Reliance
Today, 785 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 785 is crucial for short term. Positional Traders, trade long above 785 for a target of 815. Trade short below 785 for a target of 700.




SBI
Today, 1795 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1795 is crucial for short term. Positional Traders, trade long above 1795, for a target of 1840. Trade short below 1795 for a target of 1650.




Axis Bank

Today, 980 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 980 is crucial for short term. Positional Traders, trade long above 980, for a target of 1010. Trade short below 980 for a target of 900.




Icici Bank

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 830. Trade short below 800 for a target of 760.




Tata Steel

Today, 415 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 415 is crucial for short term. Positional Traders, trade long above 415, for a target of 425. Trade short below 415 for a target of 370.

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