Wednesday, February 06, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 February 2013

Reliance

Today, 880 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 920. Trade short below 880 for a target of 860.





SBI

Today, 2390 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2390 is crucial for short term. Positional Traders, trade long above 2390, for a target of 2430. Trade short below 2390 for a target of 2280.





Axis Bank


Today, 1470 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1470 is crucial for short term. Positional Traders, trade long above 1470 for a target of 1490. Trade short below 1470 for a target of 1410.




Icici Bank


Today, 1190 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1190 is crucial for short term. Positional Traders, trade long above 1190 for a target of 1210. Trade short below 1190 for a target of 1150.




Tata Steel


Today, 400 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 400 is crucial for short term. Positional Traders, trade long above 400 for a target of 410. Trade short below 400 for a target of 385.

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