Stock Technical Forecast:Bharti,Rel Infra and DLF

By | July 2, 2013

Reliance Infra

Rel InfraReliance Infra is near its downward falling trendline resistance of 369. Any close above it will take the it to next important resistance zone of 377. Any close above 377 gives a target of 411 in short term . Positional traders keep an eye on close above 377.

Buy above 369 Tgt 373,377 and 381 SL 366

Sell below 363 Tgt 360,356 and 352 SL 367

 

Bharti Airtel

Bharti AirtelBharti has not participated in recent telecom rally, Stock has broken above its downtrending channel and trading above its 200 DMA@303 will fuel a good rally in stock.

Buy above 298 Tgt 301,304 and 308 SL 296

Sell below 295 Tgt 291,286 and 282 SL 297

 

DLF

DLF

DLF has closed above its resistance of 187,next target comes is 198 and 209 in short term.

Buy above 190 Tgt 192.5,195 and 198 SL 189

Sell below 186 Tgt 183,180 and 176 SL 188

Stock Performance Sheet for the Month of June is Updated @http://tradingsystemperformance.blogspot.in/  Net Profit for the month of June is 1.31 Lakh

  • All prices relate to the NSE Spot
  • Calls are based on the previous trading day’s price activity.
  • The call is valid for the next trading session only unless otherwise mentioned.
  • Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.
  • Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

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