Wednesday, July 31, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 July 2013

Reliance

Today, 870 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 880. Trade short below 870 for a target of 835.





SBI

Today, 1720 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1720 is crucial for short term. Positional Traders, trade long above 1720 for a target of 1750. Trade short below 1720 for a target of 1680.





Axis Bank


Today, 1070 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1070 is crucial for short term. Positional Traders, trade long above 1070 for a target of 1090. Trade short below 1070 for a target of 1030.




Icici Bank


Today, 920 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 920 is crucial for short term. Positional Traders, trade long above 920 for a target of 955. Trade short below 920 for a target of 890.




Tata Steel


Today, 213 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 213 is crucial for short term. Positional Traders, trade long above 213 for a target of 218. Trade short below 213 for a target of 202.

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