Wednesday, August 20, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 20 August 2014

Reliance

Today, 1005 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1005 is crucial for short term. Positional Traders, trade long above 1005 for a target of 1035. Trade short below 1005 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, 402 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 402 is crucial for short term. Positional Traders, trade long above 402 for a target of 410. Trade short below 402 for a target of 380.




Icici Bank


Today, 1560 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1560 is crucial for short term. Positional Traders, trade long above 1560 for a target of 1580. Trade short below 1560 for a target of 1460.




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 555. Trade short below 540 for a target of 500.

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