Harmonic Pattern trading:Ambuja,Hindalco and Bharat Forge

By | August 27, 2014

Ambuja Cement

Ambuja

Any close above 212 stock could head back to 220 odd levels.

Buy above 210 Tgt 211.5,213 and 216 SL 208

Sell below 207 Tgt 205,203 and 199 SL 209

 

Bharat Forge

bharat forge

Buy above 790 Tgt 800,810 and 816 SL 787

Sell below 785 Tgt 780,773 and 760 SL 788

Hindalco

Hindalco

BUy above 172 Tgt 175,178 and 180.5 SL 170.5

Sell below 166 Tgt 162,160 and 157 SL 167

How to trade Intraday and Positional Calls Click on this link

 

Performance sheet for Intraday and Positional is updated for July Month, Intraday Profit of 3.28 Lakh  and Positional Profit of 4.67 Lakh

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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