Friday, February 01, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 1 February 2013

Reliance

Today, 905 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 905 is crucial for short term. Positional Traders, trade long above 905 for a target of 900. Trade short below 905 for a target of 870.





SBI

Today, 2460 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2460 is crucial for short term. Positional Traders, trade long above 2460, for a target of 2510. Trade short below 2460 for a target of 2380.





Axis Bank


Today, 1510 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1510 is crucial for short term. Positional Traders, trade long above 1500 for a target of 1530. Trade short below 1500 for a target of 1430.




Icici 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 1230. Trade short below 1200 for a target of 1150.




Tata Steel


Today, 412 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 412 is crucial for short term. Positional Traders, trade long above 412 for a target of 425. Trade short below 412 for a target of 385.

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