Monday, August 18, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 18 August 2014

Reliance

Today, 1000 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1000 is crucial for short term. Positional Traders, trade long above 1000 for a target of 1010. Trade short below 1000 for a target of 950.






SBI

Today, 2390 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2390 is crucial for short term. Positional Traders, trade long above 2390 for a target of 2450. Trade short below 2390 for a target of 2250.





Axis Bank


Today, 380 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 380 is crucial for short term. Positional Traders, trade long above 380 for a target of 385. Trade short below 380 for a target of 360.




Icici Bank


Today, 1470 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1470 is crucial for short term. Positional Traders, trade long above 1470 for a target of 1500. Trade short below 1470 for a target of 1390.




Tata Steel


Today, 545 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 545 is crucial for short term. Positional Traders, trade long above 545 for a target of 555. Trade short below 545 for a target of 500.

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