Wednesday, February 17, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel, 17 Feb

Reliance

Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025, for a target of 1050. Trade short below 1015 for a target of 940.

Tuesday, February 16, 2010

Nifty - Technical Outlook and Intraday Trading Levels, 16 Feb

Today, 4790 is the crucial intraday level for Nifty.
If Nifty sustains below 4790, then it could test 4760 and below that level, it could test 4650.
Instead, if Nifty trades above 4790, then it could test 4850 and above that level it could test 4880.