Friday, August 23, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 August 2013

Reliance

Today, 810 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 810 is crucial for short term. Positional Traders, trade long above 810 for a target of 825. Trade short below 810 for a target of 770.





SBI

Today, 1575 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1575 is crucial for short term. Positional Traders, trade long above 1575 for a target of 1610. Trade short below 1575 for a target of 1485.





Axis Bank


Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 990 is crucial for short term. Positional Traders, trade long above 990 for a target of 1015. Trade short below 990 for a target of 930.




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 880. Trade short below 850 for a target of 780.




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 290. Trade short below 265 for a target of 230.

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