Tuesday, August 19, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 19 August 2014

Reliance

Today, 1015 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1015 is crucial for short term. Positional Traders, trade long above 1015 for a target of 1025. Trade short below 1015 for a target of 980.






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 2480. Trade short below 2450 for a target of 2350.





Axis Bank


Today, 400 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 400 is crucial for short term. Positional Traders, trade long above 400 for a target of 405. Trade short below 400 for a target of 370.




Icici Bank


Today, 1540 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1540 is crucial for short term. Positional Traders, trade long above 1540 for a target of 1560. Trade short below 1540 for a target of 1460.




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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