Wednesday, May 22, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 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 815.





SBI

Today, 2410 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2410 is crucial for short term. Positional Traders, trade long above 2410, for a target of 2440. Trade short below 2410 for a target of 2300.





Axis Bank


Today, 1515 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1515 is crucial for short term. Positional Traders, trade long above 1515 for a target of 1535. Trade short below 1515 for a target of 1440.




Icici Bank


Today, 1215 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1215 is crucial for short term. Positional Traders, trade long above 1215 for a target of 1230. Trade short below 1215 for a target of 1140.




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 300.

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