Wednesday, August 21, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 21 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 855. Trade short below 835 for a target of 780.





SBI

Today, 1650 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1650 is crucial for short term. Positional Traders, trade long above 1650 for a target of 1690. Trade short below 1650 for a target of 1550.





Axis Bank


Today, 1060 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1060 is crucial for short term. Positional Traders, trade long above 1060 for a target of 1090. Trade short below 1060 for a target of 1000.




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 870. Trade short below 850 for a target of 825.




Tata Steel


Today, 262 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 262 is crucial for short term. Positional Traders, trade long above 262 for a target of 270. Trade short below 262 for a target of 240.

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