Tuesday, October 08, 2013

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

Reliance

Today, 850 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 865. Trade short below 850 for a target of 820.





SBI

Today, 1675 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1675 is crucial for short term. Positional Traders, trade long above 1675 for a target of 1720. Trade short below 1675 for a target of 1570.





Axis Bank


Today, 1125 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1125 is crucial for short term. Positional Traders, trade long above 1125 for a target of 1150. Trade short below 1125 for a target of 1050.




Icici Bank


Today, 940 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 940 is crucial for short term. Positional Traders, trade long above 940 for a target of 955. Trade short below 940 for a target of 900.




Tata Steel


Today, 305 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 305 is crucial for short term. Positional Traders, trade long above 305 for a target of 315. Trade short below 305 for a target of 275.

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