Monday, August 19, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 August 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 850. Trade short below 835 for a target of 780.





SBI

Today, 1550 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1550 is crucial for short term. Positional Traders, trade long above 1550 for a target of 1580. Trade short below 1550 for a target of 1500.





Axis Bank


Today, 1020 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1020 is crucial for short term. Positional Traders, trade long above 1020 for a target of 1050. Trade short below 1020 for a target of 980.




Icici Bank


Today, 850 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 865. Trade short below 850 for a target of 825.




Tata Steel


Today, 230 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 230 is crucial for short term. Positional Traders, trade long above 230 for a target of 240. Trade short below 230 for a target of 215.

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