Thursday, October 17, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 17 October 2013

Reliance

Today, 875 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 875 is crucial for short term. Positional Traders, trade long above 875 for a target of 890. Trade short below 875 for a target of 835.





SBI

Today, 1630 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1630 is crucial for short term. Positional Traders, trade long above 1630 for a target of 1660. Trade short below 1630 for a target of 1520.





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 1000.




Icici Bank


Today, 980 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 980 is crucial for short term. Positional Traders, trade long above 980 for a target of 1000. Trade short below 980 for a target of 910.




Tata Steel


Today, 315 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 315 is crucial for short term. Positional Traders, trade long above 315 for a target of 325. Trade short below 315 for a target of 270.

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