Wednesday, April 10, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 10 April 2013

Reliance


Today, 785 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 785 is crucial for short term. Positional Traders, trade long above 785 for a target of 800. Trade short below 785 for a target of 745.





SBI

Today, 2020 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2020 is crucial for short term. Positional Traders, trade long above 2020, for a target of 2070. Trade short below 2020 for a target of 1900.





Axis Bank


Today, 1220 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1220 is crucial for short term. Positional Traders, trade long above 1220 for a target of 1240. Trade short below 1220 for a target of 1160.




Icici Bank


Today, 1000 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1000 is crucial for short term. Positional Traders, trade long above 1000 for a target of 1020. Trade short below 1000 for a target of 960.




Tata Steel


Today, 313 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 313 is crucial for short term. Positional Traders, trade long above 313 for a target of 323. Trade short below 313 for a target of 285.

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