Trading strategy and Intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 6 November 2012
Reliance -
Today, 815 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday. The level 815 is crucial for short term. Positional Traders, trade long above 815 for a target of 830. Trade short below 815 for a target of 780.
SBI -
Today, 2160 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday. The level 2160 is crucial for short term. Positional Traders, trade long above 2160, for a target of 2180. Trade short below 2160 for a target of 2000.
Axis Bank -
Today, 1220 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday. The level 1220 is crucial for short term. Positional Traders, trade long above 1220 for a target of 1240. Trade short below 1220 for a target of 1150.
ICICI Bank -
Today, 1080 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday. The level 1080 is crucial for short term. Positional Traders, trade long above 1080 for a target of 1100. Trade short below 1080 for a target of 1010.
Tata Steel -
Today, 396 is the crucial intraday level. Trade long above that level and trade short below that level. The level 396 is crucial for short term. Positional Traders, trade long above 396 for a target of 415. Trade short below 396 for a target of 370.

As per Federal bank technical research report one should go short in this counter. Federal bank is looking quite weak at current level and is expected to fall further. Positional traders can go short in Federal bank from current level for good gains.
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ReplyDeleteAs per Federal bank technical research report one should go short in this counter. Federal bank is looking quite weak at current level and is expected to fall further. Positional traders can go short in Federal bank from current level for good gains.
ReplyDelete