Wipro,NMDC and Axis Bank trading plan

By | August 21, 2014

Wipro

Wipro

Closing above 559 stock is heading to 576

Intraday traders can use the below levels

Buy above 555 Tgt 559,563 and 567 SL 552

Sell below 551 Tgt 548,543 and 540 SL 553

 

 

NMDC

NMDC

Close above 178 stock is heading towards 185/190.

Intraday traders can use the below levels

Buy above 178 Tgt 179.4,180.5 and 182 SL 176

Sell below 175 Tgt 174,172.2 and 170 SL 176

 

Axis Bank

Axis Bank

Closing below 390 stock is heading towards 385/377 in short term

Intraday traders can use the below levels

Buy above 395.2 Tgt 398,401 and 404 SL 394

Sell below 392 Tgt 390,388 and 385 SL 394

 

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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