Thursday, August 08, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 8 August 2013

Reliance

Today, 880 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 895. Trade short below 880 for a target of 845.





SBI

Today, 1730 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1730 is crucial for short term. Positional Traders, trade long above 1730 for a target of 1780. Trade short below 1730 for a target of 1660.





Axis Bank


Today, 1080 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1080 is crucial for short term. Positional Traders, trade long above 1080 for a target of 1110. Trade short below 1080 for a target of 1010.




Icici Bank


Today, 880 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 880 is crucial for short term. Positional Traders, trade long above 880 for a target of 900. Trade short below 880 for a target of 830.




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 185.

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