Thursday, August 21, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 21 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 1025. Trade short below 1005 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 2480. Trade short below 2450 for a target of 2350.





Axis Bank


Today, 397 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 397 is crucial for short term. Positional Traders, trade long above 397 for a target of 402. Trade short below 397 for a target of 370.




Icici Bank


Today, 1545 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1545 is crucial for short term. Positional Traders, trade long above 1545 for a target of 1560. Trade short below 1545 for a target of 1460.




Tata Steel


Today, 550 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 550 is crucial for short term. Positional Traders, trade long above 550 for a target of 557. Trade short below 550 for a target of 500.

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