Short Term Trades:Apollo Tyre,Rel Infra and Bharat Forge

By | December 13, 2012

Remember, Trader is a Chowkidaar. He is paid to watch and not think. So, don’t apply your brains when you are not supposed to.

Trade what you see and not what you think. Always approach market with open and opportunistic mindset.

Remember, the disbelief comes from thinking. Please try to see the market as it is and not as you desire. Have a healthy respect for the market and give preference to eyes and discipline than brain.

Apollo Tyre

Apollo Tyre

Apollo Tyre is on verge of big breakout as perĀ Moving Average forecasting method.

Buy above 87.2 Tgt 88.3,89.3 and 90.5

 

 

Bharat Forge

Bharat Forge

Bharat Forge is also on the verge of trendline breakout with bullish engulfing pattern formed yesterday.

Buy above 269 Tgt 271,275 and 278

Sell below 263 Tgt 258,254 and 250

Rel Infra

Rel Infra

Rel Infra is also taking resistance at trendline and pullback should be expected from the highs.

Sell below 523 Tgt 520,516 and 513

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