Wednesday, May 08, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 May 2013

Reliance

Today, 835 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 835 is crucial for short term. Positional Traders, trade long above 835 for a target of 845. Trade short below 835 for a target of 760.





SBI

Today, 2270 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2270 is crucial for short term. Positional Traders, trade long above 2270, for a target of 2295. Trade short below 2270 for a target of 2100.





Axis Bank


Today, 1510 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1510 is crucial for short term. Positional Traders, trade long above 1510 for a target of 1540. Trade short below 1510 for a target of 1410.




Icici Bank


Today, 1180 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1180 is crucial for short term. Positional Traders, trade long above 1180 for a target of 1200. Trade short below 1180 for a target of 1135.




Tata Steel


Today, 328 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 328 is crucial for short term. Positional Traders, trade long above 328 for a target of 335. Trade short below 328 for a target of 305.

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