Friday, December 20, 2013

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 20 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, 1760 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1760 is crucial for short term. Positional Traders, trade long above 1760 for a target of 1810. Trade short below 1760 for a target of 1710.





Axis Bank


Today, 1280 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1280 is crucial for short term. Positional Traders, trade long above 1280 for a target of 1310. Trade short below 1280 for a target of 1240.




Icici Bank


Today, 1080 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1080 is crucial for short term. Positional Traders, trade long above 1080 for a target of 1110. Trade short below 1080 for a target of 1030.




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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