Friday, October 18, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 18 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 1680. Trade short below 1630 for a target of 1570.





Axis Bank


Today, 1110 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1110 is crucial for short term. Positional Traders, trade long above 1110 for a target of 1150. Trade short below 1110 for a target of 1000.




Icici Bank


Today, 960 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 960 is crucial for short term. Positional Traders, trade long above 960 for a target of 990. Trade short below 960 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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