ONGC,ICICI Bank and Sun Pharma Trading plan

By | March 3, 2014

ONGC

ONGC
Buy above 293 Tgt 295,299 and 302  SL 291

Sell below 288 Tgt 285,282 and 275 SL 289

 

ICICI Bank

ICICI Bank1045 holds the key for stock in short term for more upside, Closing above it stock is heading towards 1076, Unable to do so and closing below 1042 short term target is 1021

Buy above 1045 Tgt 1051,1059 and 1069 SL 1040

Sell below 1039 Tgt 1033,1022 and 1015 SL 1044

 

Sun Pharma

Sun PharmaPositional traders should keep eye on 648 levels, Closing above it stock is heading towards 665 and unable to do so stock will pullback till 631 odd levels.

Buy above 646 Tgt 651,655 and 659 SL 644

Sell below 643 Tgt 640.5,636 and 633 SL 645

 

  • 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.

Leave a Reply