Monday, August 26, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 26 August 2013

Reliance

Today, 825 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 825 is crucial for short term. Positional Traders, trade long above 825 for a target of 840. Trade short below 825 for a target of 770.





SBI

Today, 1590 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1590 is crucial for short term. Positional Traders, trade long above 1590 for a target of 1620. Trade short below 1590 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, 865 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 880. Trade short below 865 for a target of 800.




Tata Steel


Today, 285 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 285 is crucial for short term. Positional Traders, trade long above 285 for a target of 295. Trade short below 285 for a target of 245.

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