Voltas,Crompton and Reliance Infra Elliot wave Analysis

By | June 5, 2014

Voltas

Voltas

As per Elliot wave Volatas has lot of steam left and can see level of 228-233 in short term. Poisitional longs can be take on close above 212 for short term target of 225 and 233.

 

BUy above 206.5 Tgt 208.5,211 and 216 SL 205

Sell below 203 Tgt 201,196 and 193 SL 205

 

Crompton Greaves

Crompton Greaves

As per Elliot wave stock is near its 3 wave target of 220-222. Traders should use this to book profit.

 

Buy above 214 Tgt 217,223 and 228 SL 212

Sell below 207 Tgt 202,198 and 195 SL 209

 

 

Reliance Infra

Rel Infra

754 and 700 needs to be watched closely, Any close above it stock is heading towards 800/843. Close below 700 short term target 665.

Buy above 735 Tgt 747,762 and 776 SL 730

Sell below 728 Tgt 720,705 and 688 SL 732

 

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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