Stock trading near its 200 DMA,157 holds the key close above it stock is heading to 165
Buy above 155.5 Tgt 157.2,159.5 and 162 SL 153.2
Sell below 151.5 Tgt 149.1,147.5 and 145 SL 153.2
Close below 1076 will be bearish for stock,with target of 1042 and 1021
Buy above 1100 Tgt 1108,1118 and 1127 SL 1095
Sell below 1094 Tgt 1088,1079,1070 SL 1098
288 holds the key for short term uptrend to continue, Close below it stock is heading to 267
Buy above 296 Tgt 299,305 and 314 SL 294
Sell below 293 Tgt 291,285 and 281 SL 295
Performance sheet for Intraday and Positional is updated for April
- 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.