Apollo Tyre,Bharat Forge and REC short term technical Analysis

By | May 6, 2014 6:41 am

Apollo Tyre

Apollo

Any close above 165 stock is heading towards 178.

Buy above 165.2 Tgt 167.2,170 and 172 SL 164

Sell below 163 Tgt 160,157 and 155 SL 165

 

REC

REC

Any close above 246 stock is heading to 254 in short term.

Buy above 246 Tgt 249,254 and 260 SL 244

Sell below 243 Tgt 239,237 and 233 SL 244

 

Bharat Forge

bharat forgeAny close above 411 stock is heading towards 432.

Buy above 406 Tgt 409,412 and 416 SL 404

Sell below 403 Tgt 401,397 and 394 SL 405

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 “Apollo Tyre,Bharat Forge and REC short term technical Analysis

  1. anand

    Sir.. in Bharat forge call was buy above 406, but in tradingsyatem performance sheet profit sell of 24 ₹ so was it a buy or sell call. and total trending range of open high was 10 ₹ , i.e buy above 106, can u pls tell how 24 ₹ sell profit, and sell call remark of 3ed target occurs,

    Reply

Leave a Reply