Thursday, October 16, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 16 October 2014

Reliance

Today, 975 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 975 is crucial for short term. Positional Traders, trade long above 975 for a target of 980. Trade short below 975 for a target of 920.






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 2580. Trade short below 2550 for a target of 2450.





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 365.




Icici Bank


Today, 1500 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1500 is crucial for short term. Positional Traders, trade long above 1500 for a target of 1520. Trade short below 1500 for a target of 1400.




Tata Steel


Today, 460 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 460 is crucial for short term. Positional Traders, trade long above 460 for a target of 470. Trade short below 460 for a target of 425.

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