Thursday, May 09, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 9 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, 1500 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1500 is crucial for short term. Positional Traders, trade long above 1500 for a target of 1520. Trade short below 1500 for a target of 1410.




Icici Bank


Today, 1165 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1165 is crucial for short term. Positional Traders, trade long above 1165 for a target of 1200. Trade short below 1165 for a target of 1100.




Tata Steel


Today, 325 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 325 is crucial for short term. Positional Traders, trade long above 325 for a target of 335. Trade short below 325 for a target of 310.

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