Friday, May 23, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 23 May 2014

Reliance

Today, 1115 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1115 is crucial for short term. Positional Traders, trade long above 1115 for a target of 1140. Trade short below 1115 for a target of 1070.





SBI

Today, 2550 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2550 is crucial for short term. Positional Traders, trade long above 2550 for a target of 2620. Trade short below 2550 for a target of 2470.





Axis Bank


Today, 1860 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1860 is crucial for short term. Positional Traders, trade long above 1860 for a target of 1920. Trade short below 1860 for a target of 1820.




Icici Bank


Today, 1485 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1485 is crucial for short term. Positional Traders, trade long above 1485 for a target of 1550. Trade short below 1485 for a target of 1430.




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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