Wednesday, August 08, 2012

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 August 2012

Reliance
Today, 790 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 790 is crucial for short term. Positional Traders, trade long above 790 for a target of 800. Trade short below 790 for a target of 745.




SBI
Today, 2070 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2070 is crucial for short term. Positional Traders, trade long above 2070, for a target of 2120. Trade short below 2070 for a target of 1975.




Axis Bank

Today, 1100 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1100 is crucial for short term. Positional Traders, trade long above 1100 for a target of 1130. Trade short below 1100 for a target of 1060.




Icici 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 1000. Trade short below 980 for a target of 925.




Tata Steel

Today, 410 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 410 is crucial for short term. Positional Traders, trade long above  410 for a target of 420. Trade short below 410 for a target of 390.

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