Tuesday, December 18, 2012

Trading strategy -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 December 2012

Reliance

Today, 840 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 850. Trade short below 840 for a target of 805.





SBI

Today, 2360 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2360 is crucial for short term. Positional Traders, trade long above 2360, for a target of 2400. Trade short below 2360 for a target of 2200.





Axis Bank


Today, 1340 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1340 is crucial for short term. Positional Traders, trade long above 1340 for a target of 1370. Trade short below 1340 for a target of 1310.




Icici Bank


Today, 1150 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1150 is crucial for short term. Positional Traders, trade long above 1150 for a target of 1170. Trade short below 1150 for a target of 1070.




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 380.

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