JSW Steel,Hindalco and Rel Cap technical analysis

By | December 19, 2013

JSW Steel

JSW Steel
Buy above 956 Tgt 967,977 and 987 SL 948

Sell below 942 Tgt 935,923 and 913 SL 948

 

Hindalco

HindalcoBuy above 119 Tgt 120,121 and 123 SL 118

Sell below 116 Tgt 115,114 and 112 SL 117

 

Reliance Capital

rel CapBuy above 365 Tgt 369,372 and 376 SL 362

Sell below 357 Tgt 352,350 and 344 SL 360

 

  • 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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