Axis Bank,Biocon and CESC short term trading analysis

By | September 8, 2014

Axis Bank

Axis Bank

Any close below 411 stock is heading back to 397/390 in short term.

Buy above 416.5 Tgt 418,421 and 424 SL 414

Sell below 413 Tgt 410.5,408 and 405 SL 414.5

 

Biocon

Biocon

Buy above 500 Tgt 504,510 and 515 SL 498

Sell below 497 Tgt 494,490 and 486 SL 499

 

CESC

CESC

Any close below 754 short term target comes @ 720/699

Buy above 758 Tgt 767,778 and 788 SL 754

Sell below 753 Tgt 747,738 and 726 SL 757

 

 

How to trade Intraday and Positional Calls Click on this link

 

Performance sheet for Intraday and Positional is updated for August Month, Intraday Profit of 2.57 Lakh  and Positional Profit of 1.93 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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