Thursday, May 30, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 30 May 2013

Reliance

Today, 855 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 855 is crucial for short term. Positional Traders, trade long above 855 for a target of 880. Trade short below 855 for a target of 825.





SBI

Today, 2130 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2130 is crucial for short term. Positional Traders, trade long above 2130, for a target of 2170. Trade short below 2130 for a target of 2050.





Axis Bank


Today, 1470 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1470 is crucial for short term. Positional Traders, trade long above 1470 for a target of 1490. Trade short below 1470 for a target of 1400.




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, 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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