Tuesday, May 28, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 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 850. Trade short below 840 for a target of 750.





SBI

Today, 2170 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2170 is crucial for short term. Positional Traders, trade long above 2170, for a target of 2240. Trade short below 2170 for a target of 2050.





Axis Bank


Today, 1520 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1520 is crucial for short term. Positional Traders, trade long above 1520 for a target of 1540. Trade short below 1520 for a target of 1400.




Icici Bank


Today, 1235 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1235 is crucial for short term. Positional Traders, trade long above 1235 for a target of 1250. Trade short below 1235 for a target of 1140.




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 330. Trade short below 320 for a target of 300.

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