Tuesday, August 06, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 August 2013

Reliance

Today, 870 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 870 is crucial for short term. Positional Traders, trade long above 870 for a target of 880. Trade short below 870 for a target of 845.





SBI

Today, 1695 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1695 is crucial for short term. Positional Traders, trade long above 1695 for a target of 1725. Trade short below 1695 for a target of 1630.





Axis Bank


Today, 1100 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1100 is crucial for short term. Positional Traders, trade long above 1100 for a target of 1130. Trade short below 1100 for a target of 1070.




Icici Bank


Today, 910 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 910 is crucial for short term. Positional Traders, trade long above 910 for a target of 925. Trade short below 910 for a target of 880.




Tata Steel


Today, 210 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 210 is crucial for short term. Positional Traders, trade long above 210 for a target of 215. Trade short below 210 for a target of 195.

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