PFC,Adani and Bank of India Elliot Wave Analysis

By | June 12, 2014

Bank India

Bank India

Any close below 310 stock is heading towards 288 in short term.

Buy above 317.2 Tgt 323,327 and 333 SL 314

Sell below 310 Tgt 307,300 and 295 SL 313

 

Adani Enterprises

AdaniAny close below 466 stock is heading towards 432 in short term.

Buy above 493 Tgt 501,508 and 515 SL 487

Sell below 483 Tgt 478,470 and 455 SL 487

 

PFC

PFC

Buy above 320 Tgt 326,331 and 338 SL 318

Sell below 310 Tgt 307,300 and 295 SL 313

 

 

 

Performance sheet for Intraday and Positional is updated for May Month

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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