Wednesday, November 06, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 6 November 2013

Reliance

Today, 920 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 920 is crucial for short term. Positional Traders, trade long above 920 for a target of 930. Trade short below 920 for a target of 865.





SBI

Today, 1900 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1900 is crucial for short term. Positional Traders, trade long above 1900 for a target of 1920. Trade short below 1900 for a target of 1750.





Axis Bank


Today, 1230 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1230 is crucial for short term. Positional Traders, trade long above 1230 for a target of 1255. Trade short below 1230 for a target of 1150.




Icici 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 1130. Trade short below 1110 for a target of 1000.




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 345. Trade short below 340 for a target of 295.

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