LT,BoB and Auro Pharma Elliot Wave Analysis

By | July 28, 2014

Larsen

1652 needs to be watched closely, Closing above it 1686/1741 are short term target, ANy close below 1652 target comes @1631/1597.

Buy above 1672 Tgt 1686,1703 and 1730 SL 1658

Sell below 1652 Tgt 1633,1623 and 1606 SL 1658

LT

 

 

Bank Baroda

843 needs to be watched closely inĀ  BoB, Closing below it target comes @ 800 and 754. Holding above it stock can rally till 898.

Buy above 869 Tgt 880,897 and 909 SL 862

Sell below 857 Tgt 851,843 and 822 SL 864

Bank Baroda

 

Auro Pharama

Buy above 699 Tgt 710,727 and 737 SL 695

Sell below 687 Tgt 680,670 and 656 SL 692

Auro Pharma

 

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Performance sheet for Intraday and Positional is updated for July 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.

8 thoughts on “LT,BoB and Auro Pharma Elliot Wave Analysis

  1. Prakash

    Thanks Bramesh. May be i am not able to put my point across.

    Please drop an email if you are having any training sessions that you conduct.

    It will be a great learning experience from you.

  2. Bramesh Post author

    Dear Prakash,

    I am price based trader and its clearly mentioned watch out for 843, above it stock will be bullish below it bearish. Please do not confuse with intrday and positional levels.

    Rgds,
    Bramesh

  3. Prakash

    Dear Bramesh,

    I will give you an example – Bank of Baroda – (Trend will be choppy) is what trend is like or it might go down. (May be you can give Probabilities)

    As per your target – BOB – didn’t went to 880 the first target on long side and neither it touched on 851 on short side…

    I am not questioning you analysis, i agree anything can happen in this market. Just trying to make you understand my point of view.

    Thanks,
    Prakash

  4. Bramesh Post author

    The number i mention says the trend..

  5. Prakash

    Thanks Bramesh for your reply. At least for next day or this week … you can tell the trend…I am not looking for fundamental analysis…I am too looking for technical calls…only!

  6. Vijay

    Sir, July 28 analysis hold good for next trading session means for 29 July also ?? Even though today Auro Pharma touched 669 and ends at 678, is it indicative that tomorrow this may likely to go down as per analysis sir.

    Regards,

    Vijay

  7. Bramesh Post author

    Dear Sir,

    Long term analysis is done using Fundamental Analysis, I am more interested and thats where my expertise lies to catch short term 3-10% swing in stocks.

    Rgds,
    Bramesh

  8. Prakash

    Hi Bramesh,

    I am regular reader of your post. I want to thank you for all your effort and help that you put behind your research and share it you the audience.

    I would like you add one more details in the stocks section, You give us target of both upside and downside, it doesn’t shows the direction of the stock for next day, short term, medium term and long term. If you can provide this it will be helpful.

    Thanks,
    Prakash
    (prgala83@gmail.com)

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