Tuesday, August 26, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 26 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, 2530 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2530 is crucial for short term. Positional Traders, trade long above 2530 for a target of 2560. Trade short below 2530 for a target of 2400.





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 405. Trade short below 402 for a target of 370.




Icici Bank


Today, 1525 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1525 is crucial for short term. Positional Traders, trade long above 1525 for a target of 1535. Trade short below 1525 for a target of 1460.




Tata Steel


Today, 520 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 520 is crucial for short term. Positional Traders, trade long above 520 for a target of 530. Trade short below 520 for a target of 495.

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