RCOM
Holding its important MA where it has bounced before.Any close above 137 stock is heading to 145 is short term.
Buy above 137.5 Tgt 139.5,142.6 and 145 SL 136.3
Sell below 135.5 Tgt 134.3,132.3 and 129.2 SL 136.3
Canara Bank
Canara Bank is near its channel support and important support of 245. Holding the same stock can see a bounce back till 254 and 267 in short term.
Buy above 250 Tgt 254,259 and 263 SL 246.5
Sell below 244 Tgt 241,236 and 230 SL 246.5
Coal India
BUy above 291 Tgt 292.7,296.2 and 299 SL 289
Sell below 286.5 Tgt 284,281 and 275 SL 289
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 2.27 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 1.85 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.
Dear Bramesh sir, For canara bank, the buy sell prices you are giving in your website, is that the spot price or future price. Please let me know so I can watch out for future.
Thanks,
Subash
Dear Subashji,
Please read the above post carefully everything is mentioned.
Rgds,
Bramesh
I am glad I visited your blog just before market opened today and saved against CANBK losses. I had earlier shorted CANBK future and after reading your analysis, I closed the position around 249 and shorted again at 264. Thanks a lot for your valuable analysis. It surprises me how do you select the 3 scripts for each day. CANBK is a real coincidence today. After reading your analysis, I reviewed the last one month tape (daily readings) and also noticed the reversal today and so closed the short.
Dear Subra
Glad my analysis you were able to profit out of it !!
Rgds,
Bramesh