Tuesday, January 07, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 7 January 2014

Reliance

Today, 850 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 850 is crucial for short term. Positional Traders, trade long above 850 for a target of 875. Trade short below 850 for a target of 845.





SBI

Today, 1680 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1680 is crucial for short term. Positional Traders, trade long above 1680 for a target of 1740. Trade short below 1680 for a target of 1650.





Axis Bank


Today, 1240 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1240 is crucial for short term. Positional Traders, trade long above 1240 for a target of 1280. Trade short below 1240 for a target of 1220.




Icici Bank


Today, 1035 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1035 is crucial for short term. Positional Traders, trade long above 1035 for a target of 1080. Trade short below 1035 for a target of 1025.




Tata Steel


Today, 405 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 405 is crucial for short term. Positional Traders, trade long above 405 for a target of 420 Trade short below 405 for a target of 400.

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