Friday, August 22, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 22 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, 2480 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2480 is crucial for short term. Positional Traders, trade long above 2480 for a target of 2455. Trade short below 2480 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 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, 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 500.

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