Asain Paints,Hindalco and Tata Motors Technical levels

By | October 10, 2013

Tata Motors

tata motors

Formation of risisng wedge in Telco,with range contraction.Stock has also formed double bottom at 350 odd levels.

Buy above 357 Tgt 359.5,363 and 365 SL 356

Sell below 353 Tgt 351,347 and 344 SL 354.2

 

Hindalco

HindalcoHindalco gave a range breakout but was unable to sustain above it, Positional traders keep eye on 123 odd levels ANy close above it gives target of 131.

Intraday Traders can use the below levels

Buy above 119.5 Tgt 120.8,122 and 123 SL 119

Sell below 117.8 Tgt 116.6,115.4 and 113 SL 119

 

Asian Paint

Asian PaintAsain paint formed symmetrical triangle with a Bullish engulfing pattern.

Buy above 473 Tgt 476,480 and 483 SL 470

Sell below 469 Tgt 466,463 and 459 SL 472

 

 

Stock Performance Sheet for the Month of September is Updated @http://tradingsystemperformance.blogspot.in/  Net Profit for the month of Sep is 1.82 Lakh and Oct Month 66.6 K

Stock Performance Positional sheet for Sep Month is updated on http://positionalcallsperformance.blogspot.com/  Net Profit for Sep Month 2.35 Lakhs

 

  • 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.

5 thoughts on “Asain Paints,Hindalco and Tata Motors Technical levels

  1. Bhavin Naram

    Super calls Bramesh.
    Again today for all the 3 stocks buy side targets achieved.

    Cheers,
    Bhavin

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