Friday, September 05, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 05 September 2014

Reliance

Today, 1020 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1020 is crucial for short term. Positional Traders, trade long above 1020 for a target of 1050. Trade short below 1020 for a target of 1005.






SBI

Today, 2460 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2460 is crucial for short term. Positional Traders, trade long above 2460 for a target of 2530. Trade short below 2460 for a target of 2420.





Axis Bank


Today, 415 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 415 is crucial for short term. Positional Traders, trade long above 415 for a target of 425. Trade short below 415 for a target of 405.




Icici Bank


Today, 1580 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1580 is crucial for short term. Positional Traders, trade long above 1580 for a target of 1610. Trade short below 1580 for a target of 1540.




Tata Steel


Today, 517 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 517 is crucial for short term. Positional Traders, trade long above 517 for a target of 535. Trade short below 517 for a target of 500.

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