India Cement,Bharat Forge and IRB positional trading calls

By | August 7, 2014

India Cement

India Cements have started its ‘C’ wave closing below 102 gives short term target of 97.

Buy above 105.8 Tgt 107.5,110 and 114 SL 104.9

Sell below 104 Tgt 103,101 and 99 SL 104.9

 

India Cement

 

IRB

Butterfly pattern which is bearish in short term, Closing below 254 gives short term target of 241 and 233.

Buy above 261 Tgt 264,270 and 274 SL 258

Sell below 256 Tgt 254.3,250.5 and 244 SL 258

IRB

 

Bharat Forge

Unable to close above 754 stock will head back to 699.

Buy above 766 Tgt 772 and 779 SL 764

Sell below 757 Tgt 752,745 and 738 SL 759

bharat forge

 

 

 

 

To See Full Size Image

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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.

7 thoughts on “India Cement,Bharat Forge and IRB positional trading calls

  1. Bramesh Post author

    Please refer to performance sheet link, I update comments der.

    Rgds,
    Bramesh

  2. Sunny Bhawnani

    Bharat forge closed above 754 should we cover the short sell or should we hold as u said that if its close below 754 then it will head back to 699.What is your view on the same?

  3. harsh saraswat

    Bharat Forge target of 738 met . What next . Should we sell and wait till 699 ???

  4. gpramod

    i m positional traders look only weekly chart-can u advise —

  5. Bramesh Post author

    Please read the post completely, everything is clearly mentioned.

    Rgds,
    Bramesh

  6. karan sharma

    sir, IRB Close below 254 is based on Cash market or FUT Price

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