Wednesday, October 23, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 23 October 2013

Reliance

Today, 895 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 895 is crucial for short term. Positional Traders, trade long above 895 for a target of 925. Trade short below 895 for a target of 875.





SBI

Today, 1700 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1700 is crucial for short term. Positional Traders, trade long above 1700 for a target of 1770. Trade short below 1700 for a target of 1570.





Axis Bank


Today, 1210 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1210 is crucial for short term. Positional Traders, trade long above 1210 for a target of 1240. Trade short below 1210 for a target of 1100.




Icici Bank


Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025 for a target of 1050. Trade short below 1025 for a target of 960.




Tata Steel


Today, 340 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 340 is crucial for short term. Positional Traders, trade long above 340 for a target of 350. Trade short below 340 for a target of 300.

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