Infosys is coming with its results day after tomorrow before market opens,Stock has a bad history of opening 10+% gap up or gap down. Stock is approaching its higher end of trendline and if unable to cross and close above 2584 on closing basis stock can fall all its way upto 2351. Any close above 2584 gives positional target of 2817. Traders who are taking positions in futures today please hedge yourself, as capital preservation is must for any trader than comes profit and loss.
Buy above 2514 Tgt 2530,2547 and 2584 SL 2495
Sell below 2480 Tgt 2464,2448 and 2420 SL 2500
United Spirits is on its dream run trading at its 52 week high, Stock is approaching its resistance line and also an important Gann Number of 2679, Unable to close above 2679 will pullback the stock back to 2584 odd levels. Any close abvoe 2679 on closing basis next target comes at 2817.
Buy above 2682 Tgt 2718,2740 and 2770 SL 2645
Sell below 2620 Tgt 2590,2550 and 2530 SL 2645
Sun pharma is als trading its important Gann number of 1079. Trading above its for next 1 hour will give positional target of 1131, Unable to do so will start the pullback back to 1021 and 987
Buy above 1080 Tgt 1095,1120 and 1131 SL 1072
Sell below 1050 Tgt 1041,1021 and 1008 SL 1055
Stock Performance Sheet for the Month of June is Updated @http://tradingsystemperformance.blogspot.in/ Net Profit for the month of June is .68 Lakh
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