Wednesday, August 27, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 27 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, 2520 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2520 is crucial for short term. Positional Traders, trade long above 2520 for a target of 2570. Trade short below 2520 for a target of 2400.





Axis Bank


Today, 400 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 400 is crucial for short term. Positional Traders, trade long above 400 for a target of 405. Trade short below 400 for a target of 380.




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 1540. Trade short below 1525 for a target of 1460.




Tata Steel


Today, 530 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 530 is crucial for short term. Positional Traders, trade long above 530 for a target of 545. Trade short below 530 for a target of 495.

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