Monday, July 08, 2013

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

Reliance

Today, 875 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 890. Trade short below 875 for a target of 840.





SBI

Today, 1930 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1930 is crucial for short term. Positional Traders, trade long above 1930 for a target of 1970. Trade short below 1930 for a target of 1850.





Axis Bank


Today, 1285 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1285 is crucial for short term. Positional Traders, trade long above 1285 for a target of 1300. Trade short below 1285 for a target of 1250.




Icici Bank


Today, 1055 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1055 is crucial for short term. Positional Traders, trade long above 1055 for a target of 1075. Trade short below 1055 for a target of 1020.




Tata Steel


Today, 265 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 265 is crucial for short term. Positional Traders, trade long above 265 for a target of 275. Trade short below 265 for a target of 250.

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