Auropharma,Colgate and Bata India trading strategy

By | January 21, 2014

Auropharma

Auro PharmaAuro if it close above 418 stock will head to 432 in short term.

Buy 411 Tgt 414,416 and 418 SL 410

Sell below 408 Tgt 404,401 and 398 SL 410.5

 

Colgate

COLPALColgate is trying to cross its 200 DMA, as shown in above chart

Buy above 1334 Tgt 1343,1354 and 1364 SL 1330

Sell below 1320 Tgt 1310,1300 and 1292 SL 1325

 

Bata

Bata IndiaPositional traders should look for close below 983, for short term target of 966 and 932.

Buy above 992 Tgt 997,1004 and 1011 SL 983.5

Sell below 983 Tgt 976,969 and 957 SL 990.5

 

  • 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.

One thought on “Auropharma,Colgate and Bata India trading strategy

  1. Vijay Gupta

    Sir, Thanks for your effort..

    Plz tell what will be stoploss in case of Positional Calls.

    Thanks

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