Thursday, December 22, 2011

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 December 2011

Reliance
Today, 745 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 745 is crucial for short term. Positional Traders, trade long above 745 for a target of 760. Trade short below 745 for a target of 710.




SBI
Today, 1600 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1600 is crucial for short term. Positional Traders, trade long above 1600, for a target of 1630. Trade short below 1600 for a target of 1550.




Axis Bank

Today, 835 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 835 is crucial for short term. Positional Traders, trade long above 835, for a target of 855. Trade short below 835 for a target of 760.




Icici Bank

Today, 695 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 695 is crucial for short term. Positional Traders, trade long above 695 for a target of 710. Trade short below 695 for a target of 650.




Tata Steel

Today, 340 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 340 is crucial for short term. Positional Traders, trade long above 340, for a target of 360. Trade short below 340 for a target of 320.

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