Thursday, May 08, 2014

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

Reliance

Today, 970 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 970 is crucial for short term. Positional Traders, trade long above 970 for a target of 1000. Trade short below 970 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 2140. Trade short below 2065 for a target of 2000.





Axis Bank


Today, 1565 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1565 is crucial for short term. Positional Traders, trade long above 1565 for a target of 1600. Trade short below 1565 for a target of 1525.




Icici Bank


Today, 1280 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1280 is crucial for short term. Positional Traders, trade long above 1280 for a target of 1320. Trade short below 1280 for a target of 1250.




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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