Swing Trading Calls:ICICI Bank,IndusInd Bank and Auro Phrma

By | September 27, 2013

ICICI Bank

 

ICICI BankICICI bank is trading in a perfect downtrending channel and very near to an important gann number of 953,Swing Traders looks for close above 953 stock is heading towards 966 and 987. Any close below 932 stock is heading towards 898 in short term.

Buy above 947 Tgt 953,966 and 975 SL 944

Sell below 940 Tgt 935,924 and 910 SL 944

 

Indus Ind Bank

Indusind BankIndus Ind bank after failing to close above its 200 DMA,is trading near its support zone of 377. Stock has formed a double bottom,Holding the same and trading above 385 gives target of 390 and 398 in short term.

Buy above 385 Tgt 390,394 and 398 SL 383

Sell below 381 Tgt 377,374 and 368 SL 383

 

Auro Pharma

 

Auro PharmaAuro Pharma is trading at top of its ascending triangle. Positional traders should look for close above 199 for short term target of 212.Failure to do so stock is heading back to 178.

Buy above 199.5 Tgt 203,207 and 212 SL 197

Sell below 192.5 Tgt 190.5,187 and 184 SL 193.5

 

Stock Performance Sheet for the Month of September is Updated @http://tradingsystemperformance.blogspot.in/  Net Profit for the month of Aug is 1.89 Lakh and Sep Month 1.82 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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4 thoughts on “Swing Trading Calls:ICICI Bank,IndusInd Bank and Auro Phrma

  1. sanjay

    Great call sir. First Icici Bank sell, then the time for Buy Auro Pharma and now selling IndusInd Bank has ocurred.

  2. Deepak

    Sir
    Nice work

    How to find such momentum stocks.

    Is there anyway to find stocks with momentum.

  3. kamaldeep singh

    bramesh ji,

    how to use these levels to trade in future. watch the cash levels and buy future or buy at these levels in future.
    plz guide.

    regards
    kamaldeep singh ahuja

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