Wednesday, January 08, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 8 January 2014

Reliance

Today, 835 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 835 is crucial for short term. Positional Traders, trade long above 835 for a target of 865. Trade short below 835 for a target of 820.





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, 1060 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1060 is crucial for short term. Positional Traders, trade long above 1060 for a target of 1090. Trade short below 1060 for a target of 1025.




Tata Steel


Today, 390 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 390 is crucial for short term. Positional Traders, trade long above 390 for a target of 415 Trade short below 390 for a target of 380.

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