Swing and Intraday Call:IDFC,Sintex and Apollo Tyre

By | October 4, 2012

Almost everyone says that discipline is a requirement to succeed in trading. But most people never talk about what really underlies that type of discipline. The answer……true self-confidence.

The market can stay irrational longer than you can stay solvent and the market’s goal is to extract the most money from the largest group of people.

IDFC

IDFC stock is at its 52 week high of 162 near its trend line resistance.Unable to cross 163 can lead to pullback 160 odd levels.

Buy above 163 Tgt 164.8,167.8 and 172.8

 

Apollo Tyre

 

Apollo is forming a Ascending triangle which suggests a big move is on cards for the stock.

Buy above 93.5 Tgt 94.6,96 and 98

 

SINTEX

Broke above resistance zone and 200 DMA with volumes, Follow up action should come today.

Buy above 71.6 Tgt 73,75 and 78

2 thoughts on “Swing and Intraday Call:IDFC,Sintex and Apollo Tyre

  1. parminder

    Thanks Bramesh for ur Technical as well as ur trading strategies.
    Keep going Boss
    ☺☺

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