Trading Calls:Bank of India,REC and Bajaj Auto

By | December 7, 2011

 I realized that every time I had a loss, I needed to learn something from the experience and view the loss as tuition at the College of Trading. As long as you learn something from a loss, it’s not really a loss.

Stop looking at losses as problems and start viewing them as opportunities to elevate yourself to the next plateau.

Bajaj Auto

 

Bajaj Auto is taking support at middle band of upper and lower support line which can give a good trade set up if it holds the low of 1685.

Buy above 1703 Tgt 1725,1743 and 1761 SL 1684

 

Bank of India

 

Bank of India is trading in a parallel channel range bound trades between 294-353 and in the process making higher high formation and higher low formation

Buy above 350 Tgt 353,356,360 and 364

 

REC

 

REC is taking support and resistance at its trendline and looks ripe for breakout,once it starts 204.

Buy above 204 Tgt 205.4,208.5 and 214

 

 

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