Thursday, December 19, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 19 December 2013

Reliance

Today, 865 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 870. Trade short below 865 for a target of 850.





SBI

Today, 1780 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1780 is crucial for short term. Positional Traders, trade long above 1780 for a target of 1810. Trade short below 1780 for a target of 1730.





Axis Bank


Today, 1310 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1310 is crucial for short term. Positional Traders, trade long above 1310 for a target of 1340. Trade short below 1310 for a target of 1240.




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 1135. Trade short below 1110 for a target of 1060.




Tata Steel


Today, 420 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 420 is crucial for short term. Positional Traders, trade long above 420 for a target of 425. Trade short below 420 for a target of 390.

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