Wednesday, May 07, 2014

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

Reliance

Today, 975 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 975 is crucial for short term. Positional Traders, trade long above 975 for a target of 1000. Trade short below 975 for a target of 955.





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, 1520 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1520 is crucial for short term. Positional Traders, trade long above 1520 for a target of 1600. Trade short below 1520 for a target of 1500.




Icici Bank


Today, 1250 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1250 is crucial for short term. Positional Traders, trade long above 1250 for a target of 1310. Trade short below 1250 for a target of 1235.




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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