Reliance Capital,TVS Motor and Ashok Leyland technical analysis

By | November 3, 2014

Reliance Capital

rel Cap

Buy above 480 Tgt 484,492 and 505 SL 475

Sell below 471 Tgt 466,462 and 455 SL 475

TVS Motor

TVS Motor

Close below 254 stock is heading towards 246/241.

Buy above 260 Tgt 262,265 and 268 SL 258

Sell below 256 Tgt 253,250 and 246 SL 258

 

Ashok Leyland

Ashok Leyland

Unable to close above 47 stock is heading back to 42

Buy above 46.5 Tgt 47.5,49 and 50 SL 46

Sell below 45.9 Tgt 45.5,45.1 and 44 SL 46.3

 

 

How to trade Intraday and Positional Calls Click on this link

 

Performance sheet for Intraday and Positional is updated for October Month, Intraday Profit of 2.03 Lakh  and Positional Profit of 4.46 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.

8 thoughts on “Reliance Capital,TVS Motor and Ashok Leyland technical analysis

  1. Bramesh Post author

    Gann date provide an impulsive move, which can be either way, If you are feeling uncomfortable exit else hold on with TSL

    Rgds,
    Bramesh

  2. Pratik

    Sir, As you mention that Gun Turn date for Bank Nifty is 6th November, so is it advisable to exit from long in banking stock. HDFC Bank is still between the first target and exit point. So what should we do. Book Profit and exit ?

  3. Bramesh Post author

    I do not follow news only levels with proper risk management.

    Rgds,
    Bramesh

  4. Aditya

    Sir, Ashok leyland Q2 result on 6th Nov….will you advise to build position on short side if it closes below 47 level today ?….Thnx

  5. Hurmaz

    Dear Sir, If some one will enroll for your course, will you also provide help after the course is over if some problems arises ???

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