Monday, May 13, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 13 May 2013

Reliance

Today, 820 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 820 is crucial for short term. Positional Traders, trade long above 820 for a target of 835. Trade short below 820 for a target of 760.





SBI

Today, 2330 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2330 is crucial for short term. Positional Traders, trade long above 2330, for a target of 2360. Trade short below 2330 for a target of 2100.





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 1500. Trade short below 1470 for a target of 1410.




Icici Bank


Today, 1175 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1175 is crucial for short term. Positional Traders, trade long above 1175 for a target of 1190. Trade short below 1175 for a target of 1100.




Tata Steel


Today, 320 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 320 is crucial for short term. Positional Traders, trade long above 320 for a target of 325. Trade short below 320 for a target of 305.

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