Monday, December 31, 2012

Trading strategy -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 December 2012

Reliance

Today, 850 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 860. Trade short below 850 for a target of 815.





SBI

Today, 2385 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2385 is crucial for short term. Positional Traders, trade long above 2385, for a target of 2420. Trade short below 2385 for a target of 2200.





Axis Bank


Today, 1368 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1368 is crucial for short term. Positional Traders, trade long above 1368 for a target of 1380. Trade short below 1368 for a target of 1305.




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 1085.




Tata Steel


Today, 435 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 435 is crucial for short term. Positional Traders, trade long above 435 for a target of 445. Trade short below 435 for a target of 400.

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