RIL,BHEL and Adani Port technical analysis

By | April 30, 2014

Reliance

RIL

932 is the level to watch for short term trader, Holding above it stock is heading to 953,966. Unable to hold it pullback till 898 is on cards.

Buy above 943.5 TgtĀ  948.7,956 and 962 SL 940

Sell below 938 Tgt 935,930 and 922 SL 941

 

BHEL

BHEL

Buy above 186.8 Tgt 188.5,190.8 and 193 SL 186

Sell below 184.5 Tgt 182.3,180.2 and 178 SL 186

 

 

Adani Port

Adani Port

Buy above 193 Tgt 195,198.8 and 201 SL 191.5

Sell below 190.5 Tgt 189.2,187 and 183.5 SL 191.5

 

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.

2 thoughts on “RIL,BHEL and Adani Port technical analysis

  1. Bramesh Post author

    Dear Jay,

    Levels are mentioned, Please trade accordingly..

    Rgds,
    Bramesh

  2. Jay

    Reliance and Adani ports went below 930 and 180 respectively but they bounced back to 935 and 188 ….. What do u suggest in the point of view of big even coming on 16 th may. Should i hold and expect a bounce back or should i exit and expect much lower level to re enter? Pls reply and also give your views pn tata steel.
    Thanks & regards.

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