Friday, May 31, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 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 800.





SBI

Today, 2100 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2100 is crucial for short term. Positional Traders, trade long above 2100, for a target of 2130. Trade short below 2100 for a target of 2000.





Axis Bank


Today, 1430 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1430 is crucial for short term. Positional Traders, trade long above 1430 for a target of 1450. Trade short below 1430 for a target of 1380.




Icici Bank


Today, 1195 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1195 is crucial for short term. Positional Traders, trade long above 1195 for a target of 1210. Trade short below 1195 for a target of 1120.




Tata Steel


Today, 305 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 305 is crucial for short term. Positional Traders, trade long above 305 for a target of 315. Trade short below 305 for a target of 280.

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