Thursday, June 06, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 June 2013

Reliance

Today, 805 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 805 is crucial for short term. Positional Traders, trade long above 805 for a target of 820. Trade short below 805 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, 1390 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1390 is crucial for short term. Positional Traders, trade long above 1390 for a target of 1410. Trade short below 1390 for a target of 1320.




Icici Bank


Today, 1145 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1145 is crucial for short term. Positional Traders, trade long above 1145 for a target of 1160. Trade short below 1145 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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