Wednesday, December 19, 2012

Trading strategy -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 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, 2355 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2355 is crucial for short term. Positional Traders, trade long above 2355, for a target of 2400. Trade short below 2355 for a target of 2200.





Axis Bank


Today, 1365 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1365 is crucial for short term. Positional Traders, trade long above 1365 for a target of 1385. Trade short below 1365 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, 418 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 418 is crucial for short term. Positional Traders, trade long above 418 for a target of 427. Trade short below 418 for a target of 380.

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