Friday, May 24, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 May 2013

Reliance

Today, 795 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 795 is crucial for short term. Positional Traders, trade long above 795 for a target of 810. Trade short below 795 for a target of 750.





SBI

Today, 2230 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2230 is crucial for short term. Positional Traders, trade long above 2230, for a target of 2260. Trade short below 2230 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 1495. Trade short below 1465 for a target of 1400.




Icici Bank


Today, 1185 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1185 is crucial for short term. Positional Traders, trade long above 1185 for a target of 1200. Trade short below 1185 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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