Tuesday, August 12, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 12 August 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 1015. Trade short below 970 for a target of 950.






SBI

Today, 2450 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2450 is crucial for short term. Positional Traders, trade long above 2450 for a target of 2490. Trade short below 2450 for a target of 2340.





Axis Bank


Today, 382 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 382 is crucial for short term. Positional Traders, trade long above 382 for a target of 390. Trade short below 382 for a target of 355.




Icici Bank


Today, 1455 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1455 is crucial for short term. Positional Traders, trade long above 1455 for a target of 1470. Trade short below 1455 for a target of 1390.




Tata Steel


Today, 540 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 540 is crucial for short term. Positional Traders, trade long above 540 for a target of 550. Trade short below 540 for a target of 520.

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