Wednesday, October 09, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 9 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, 1620 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1620 is crucial for short term. Positional Traders, trade long above 1620 for a target of 1670. Trade short below 1620 for a target of 1520.





Axis Bank


Today, 1075 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1075 is crucial for short term. Positional Traders, trade long above 1075 for a target of 1120. Trade short below 1075 for a target of 990.




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




The level 295 is crucial for short term. Positional Traders, trade long above 295 for a target of 303. Trade short below 295 for a target of 280.

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