Adani,ZEE and Larsen technical analysis

By | March 24, 2014

Adani

Adani

Positional traders should look for close above 330 for short term target of 343.

Buy above 328 Tgt 331,335 and 338 SL 326

Sell below 323 Tgt 318,315 and 310 SL 325

 

Larsen

LTPositional traders should look for close below 1210, below it short term target comes at 1170 and 1131.

Buy above 1221 Tgt 1230,1240 and 1255 SL 1215

Sell below 1211 Tgt 1206,1197 and 1182 SL 1216

 

Zee

ZeePositional traders should look for close above 290, stock is heading for short term target of 300 and 311.Unable to do so stock is heading back to 267.

Buy above 289 Tgt 292,296 and 300 SL 287

Sell below 284.5 Tgt 281,278 and 275 SL 287

 

  • 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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