Thursday, June 24, 2010

Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 June 2010

Reliance
Today, 1050 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1050 is crucial for short term. Positional Traders, trade long above 1050, for a target of 1140. Trade short below 1050 for a target of 975.

SBI
Today, 2320 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2320 is crucial for short term. Positional Traders, trade long above 2320, for a target of 2450. Trade short below 2320 for a target of 2250.

Axis Bank
Today, 1255 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1255 is crucial for short term. Positional Traders, trade long above 1255, for a target of 1290. Trade short below 1255 for a target of 1190.

Icici Bank
Today, 880 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 880 is crucial for short term. Positional Traders, trade long above 860, for a target of 920. Trade short below 860 for a target of 840.

Tata Steel
Today, 490 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 490 is crucial for short term. Positional Traders, trade long above 490, for a target of 520. Trade short below 490 for a target of 470.

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