Wednesday, October 22, 2014

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 22 October 2014

Reliance

Today, 940 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 940 is crucial for short term. Positional Traders, trade long above 940 for a target of 955. Trade short below 940 for a target of 910.






SBI

Today, 2610 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 2610 is crucial for short term. Positional Traders, trade long above 2610 for a target of 2630. Trade short below 2610 for a target of 2500.





Axis Bank


Today, 425 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 425 is crucial for short term. Positional Traders, trade long above 425 for a target of 400. Trade short below 425 for a target of 430.




Icici Bank


Today, 1595 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1595 is crucial for short term. Positional Traders, trade long above 1595 for a target of 1610. Trade short below 1595 for a target of 1530.




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 420.

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