ITC
ITC is near a crucial trendline crossover which can lead to an explosive upmove and downmove. Any close above 343 gives short term target of 356 and 364.
Intraday Traders can use the below mentioned levels
Buy above 341 Tgt 343,345 and 350 SL 339
Sell below 334 Tgt 331,325 and 321 SL 336
Sun Pharma
Sun pharma is trading in a triangle pattern and has closed near very important number of 560. Closing above 560 today will give short term target of 576 and 589. Unable to close above 555 stock will correct till 521 in short term.
Intraday Traders can use the below mentioned levels
Buy above 560 Tgt 567,576 and 589 SL 556
Sell below 555 Tgt 548,539 and 530 SL 559
Federal Bank
Federal bank is trading the upper boundary of downtrending channel and stock has also formed a DOJI candlestick signalling good move ahead.Positional traders should look for a close below 288 for short term target of 267 and 254.
Intraday Traders can use the below mentioned levels
Buy above 297 Tgt 302,306 and 310 SL 295
Sell below 294 Tgt 290,285 and 282 SL 296
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 88K
Stock Performance Positional sheet for Sep Month is updated on http://positionalcallsperformance.blogspot.com/
- 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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