Tuesday, May 14, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 May 2013

Reliance

Today, 810 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 810 is crucial for short term. Positional Traders, trade long above 810 for a target of 825. Trade short below 810 for a target of 760.





SBI

Today, 2300 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2300 is crucial for short term. Positional Traders, trade long above 2300, for a target of 2345. Trade short below 2330 for a target of 2100.





Axis Bank


Today, 1465 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1465 is crucial for short term. Positional Traders, trade long above 1465 for a target of 1480. Trade short below 1465 for a target of 1410.




Icici Bank


Today, 1160 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1160 is crucial for short term. Positional Traders, trade long above 1160 for a target of 1175. Trade short below 1160 for a target of 1100.




Tata Steel


Today, 305 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 305 is crucial for short term. Positional Traders, trade long above 305 for a target of 315. Trade short below 305 for a target of 280.

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