Wednesday, May 20, 2015

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 20 May 2015

Reliance


Today, 900 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 900 is crucial for short term. Positional Traders, trade long above 900 for a target of 920. Trade short below 900 for a target of 885.






SBI

Today, 292 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 292 is crucial for short term. Positional Traders, trade long above 292 for a target of 320. Trade short below 292 for a target of 275.





Axis Bank


Today, 570 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.


The level 570 is crucial for short term. Positional Traders, trade long above 570 for a target of 600. Trade short below 570 for a target of 545.




Icici Bank


Today, 320 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 320 is crucial for short term. Positional Traders, trade long above 320 for a target of 340. Trade short below 320 for a target of 305.




Tata Steel


Today, 370 is the crucial intraday level. Trade long above that level and trade short below that level.




The level 370 is crucial for short term. Positional Traders, trade long above 370 for a target of 390. Trade short below 370 for a target of 355.

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