Rel Cap, Rel Infra and Tata Steel technical analysis

By | October 31, 2013

Reliance Capital

 

rel Cap

Reliance Capital is unable to cross its 200 DMA,formed a DOJI pattern,Unable to close above 200 DMA Correction 343 and 322 levels in short term.

Buy above 364 Tgt 367,371 and 376 SL 362

Sell below 357 Tgt 352,348 and 343 SL 360

 

 

Tata Steel

Tata Steel

Buy above 331 Tgt 334,339 and 343 SL 329

Sell below 325 Tgt 321,317 and 313 SL 327

 

 

Reliance Infra

Rel Infra

Buy above 430 Tgt 434,439 and 444 SL 425

Sell below 424 Tgt 420,415 and 410 SL 426

 

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 2.41 Lakh

Stock Performance Positional sheet for Sep Month is updated on http://positionalcallsperformance.blogspot.com/  Net Profit for Sep Month 2.35 Lakhs , Oct Month 1.92 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.

2 thoughts on “Rel Cap, Rel Infra and Tata Steel technical analysis

  1. Raghavendrachar Jois

    Bramesh sir,

    Again all three recommended stocks did well and achieved 2 targets atleast. Excellent performance. Keep it up.

    Thanks

  2. murtaza

    relcap done 371
    relinfra almost 1st trgt and
    tatasteel also super move up

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