Friday, June 06, 2014

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

Reliance

Today, 1105 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1105 is crucial for short term. Positional Traders, trade long above 1105 for a target of 1140. Trade short below 1105 for a target of 1040.





SBI

Today, 2720 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2720 is crucial for short term. Positional Traders, trade long above 2720 for a target of 2770. Trade short below 2720 for a target of 2250.





Axis Bank


Today, 1950 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 1950 is crucial for short term. Positional Traders, trade long above 1950 for a target of 2000. Trade short below 1950 for a target of 1640.




Icici Bank


Today, 1495 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1495 is crucial for short term. Positional Traders, trade long above 1495 for a target of 1580. Trade short below 1495 for a target of 1370.




Tata Steel


Today, 565 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 565 is crucial for short term. Positional Traders, trade long above 565 for a target of 550. Trade short below 565 for a target of 520.

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