HCL Tech,RIL and HUL intraday trading plan

By | February 26, 2014

HCL Tech

HCL Tech

Trading near the fibo channel 1563 holds the key, Able to cross over it stock will rise towards the next target of 1597.

Buy above 1551 Tgt 1557,1563 and 1577 SL 1546

Sell below 1544 Tgt 1538,1526 and 1517 SL 1549

 

Reliance

RIL

Buy above 812 Tgt 815,819 and 823 SL 807.5

Sell below 806 Tgt 803,798 and 792 SL 807.5

 

Hindustan Unilever

HULPositional traders should look for close above 556 gives short term target of 576.

Buy above 555 Tgt 556.5,558.6 and 560.4 SL 553.5

Sell below 552.5 Tgt 551,548.7 and 547 SL 554

 

Performance sheet for Intraday and Positional is updated for February

http://tradingsystemperformance.blogspot.in/

http://positionalcallsperformance.blogspot.in/

  • 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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