BHEL, Axis Bank and Hindalco technical analysis

By | April 15, 2014

BHEL

BHELBuy above 187.5 Tgt 189.6,192 and195 SL 185

Sell below 183 Tgt 180.5,178 and 175 SL 185

Axis Bank

Axis Bank

Any close above 1508 stock is heading for short term target of 1542 and 1563

Buy above 1497 Tgt 1508,1520 and 1534 SL 1493

Sell below 1492 Tgt 4181,1467 and 1450 SL 1495

Hindalco

HindalcoAny close above 144 stock is heading to 152 and 157 in short term.

Buy above 141 Tgt 143,145 and 147 SL 140

Sell below 138.5 Tgt 137,135 and 131 SL 140

 

Performance sheet for Intraday and Positional is updated for April

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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