Thursday, May 22, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 22 May 2014

Reliance

Today, 1070 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1070 is crucial for short term. Positional Traders, trade long above 1070 for a target of 1140. Trade short below 1070 for a target of 1040.





SBI

Today, 2470 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2470 is crucial for short term. Positional Traders, trade long above 2470 for a target of 2550. Trade short below 2470 for a target of 2430.





Axis Bank


Today, 1805 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1805 is crucial for short term. Positional Traders, trade long above 1805 for a target of 1890. Trade short below 1805 for a target of 1770.




Icici Bank


Today, 1430 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1430 is crucial for short term. Positional Traders, trade long above 1430 for a target of 1550. Trade short below 1430 for a target of 1400.




Tata Steel


Today, 475 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 475 is crucial for short term. Positional Traders, trade long above 475 for a target of 500. Trade short below 475 for a target of 455.

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