Wednesday, June 05, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 5 June 2013

Reliance

Today, 790 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 790 is crucial for short term. Positional Traders, trade long above 790 for a target of 800. Trade short below 790 for a target of 760.





SBI

Today, 2030 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2030 is crucial for short term. Positional Traders, trade long above 2030, for a target of 2060. Trade short below 2030 for a target of 1950.





Axis Bank


Today, 1410 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1410 is crucial for short term. Positional Traders, trade long above 1410 for a target of 1450. Trade short below 1410 for a target of 1320.




Icici Bank


Today, 1155 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1155 is crucial for short term. Positional Traders, trade long above 1155 for a target of 1170. Trade short below 1155 for a target of 1070.




Tata Steel


Today, 300 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 300 is crucial for short term. Positional Traders, trade long above 300 for a target of 305. Trade short below 300 for a target of 280.

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