Monday, August 25, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 25 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, 2550 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2550 is crucial for short term. Positional Traders, trade long above 2550 for a target of 2600. Trade short below 2550 for a target of 2400.





Axis Bank


Today, 405 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 405 is crucial for short term. Positional Traders, trade long above 405 for a target of 410. Trade short below 405 for a target of 370.




Icici Bank


Today, 1550 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1550 is crucial for short term. Positional Traders, trade long above 1550 for a target of 1565. Trade short below 1550 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 545. Trade short below 540 for a target of 500.

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