Friday, November 08, 2013

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

Reliance

Today, 890 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 890 is crucial for short term. Positional Traders, trade long above 890 for a target of 900. Trade short below 890 for a target of 865.





SBI

Today, 1790 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1790 is crucial for short term. Positional Traders, trade long above 1790 for a target of 1860. Trade short below 1790 for a target of 1650.





Axis Bank


Today, 1180 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1180 is crucial for short term. Positional Traders, trade long above 1180 for a target of 1210. Trade short below 1180 for a target of 1130.




Icici Bank


Today, 1040 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040 for a target of 1070. Trade short below 1040 for a target of 960.




Tata Steel


Today, 350 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 345 is crucial for short term. Positional Traders, trade long above 345 for a target of 350. Trade short below 345 for a target of 315.

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