Tuesday, May 21, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 21 May 2013

Reliance

Today, 840 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 840 is crucial for short term. Positional Traders, trade long above 840 for a target of 855. Trade short below 840 for a target of 800.





SBI

Today, 2440 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2440 is crucial for short term. Positional Traders, trade long above 2440, for a target of 2480. Trade short below 2440 for a target of 2300.





Axis Bank


Today, 1535 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1535 is crucial for short term. Positional Traders, trade long above 1535 for a target of 1550. Trade short below 1535 for a target of 1440.




Icici 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 1140.




Tata Steel


Today, 325 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 325 is crucial for short term. Positional Traders, trade long above 325 for a target of 335. Trade short below 325 for a target of 290.

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