Thursday, November 08, 2012

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

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 830. Trade short below 800 for a target of 770.





SBI

Today, 2230 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2230 is crucial for short term. Positional Traders, trade long above 2230, for a target of 2260. Trade short below 2230 for a target of 2160.





Axis Bank


Today, 1200 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1200 is crucial for short term. Positional Traders, trade long above 1200 for a target of 1225. Trade short below 1200 for a target of 1150.




Icici Bank


Today, 1090 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1090 is crucial for short term. Positional Traders, trade long above 1090 for a target of 1100. Trade short below 1090 for a target of 1060.




Tata Steel


Today, 405 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 405 is crucial for short term. Positional Traders, trade long above  405 for a target of 415. Trade short below 405 for a target of 390.

1 comment:

  1. As per Federal bank technical research report one should go short in this counter. Federal bank is looking quite weak at current level and is expected to fall further. Positional traders can go short in Federal bank from current level for good gains.

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