Thursday, November 07, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 7 November 2013

Reliance

Today, 905 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 905 is crucial for short term. Positional Traders, trade long above 905 for a target of 930. Trade short below 905 for a target of 865.





SBI

Today, 1850 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1850 is crucial for short term. Positional Traders, trade long above 1850 for a target of 1910. Trade short below 1850 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, 1100 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1100 is crucial for short term. Positional Traders, trade long above 1100 for a target of 1130. Trade short below 1100 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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