Thursday, April 11, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 11 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, 2040 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2040 is crucial for short term. Positional Traders, trade long above 2040, for a target of 2070. Trade short below 2040 for a target of 1900.





Axis Bank


Today, 1260 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1260 is crucial for short term. Positional Traders, trade long above 1260 for a target of 1290. Trade short below 1260 for a target of 1160.




Icici Bank


Today, 1040 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040 for a target of 1060. Trade short below 1040 for a target of 960.




Tata Steel


Today, 315 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 315 is crucial for short term. Positional Traders, trade long above 315 for a target of 325. Trade short below 315 for a target of 285.

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