Tuesday, May 06, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 6 May 2014

Reliance

Today, 960 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 960 is crucial for short term. Positional Traders, trade long above 960 for a target of 980. Trade short below 960 for a target of 945.





SBI

Today, 2065 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2065 is crucial for short term. Positional Traders, trade long above 2065 for a target of 2120. Trade short below 2065 for a target of 2000.





Axis Bank


Today, 1550 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1550 is crucial for short term. Positional Traders, trade long above 1550 for a target of 1600. Trade short below 1550 for a target of 1530.




Icici Bank


Today, 1285 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1285 is crucial for short term. Positional Traders, trade long above 1285 for a target of 1310. Trade short below 1285 for a target of 1260.




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 395.

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