BPCL,IRB and Ranbaxy technical analysis

By | November 11, 2014

BPCL

BPCL

Any close below 754 stock is heading back to 700

Buy above 768 Tgt 775,784 and 791 SL 766

Sell below 759 Tgt 752,745 and 738 SL 763

 

 

IRB

IRB

Any close below 267 stock is heading back to 254.

Buy above 275 Tgt 278,283 and 288 SL 273

Sell below 269 Tgt 265,261 and 256 SL 272

 

 

Ranbaxy

Ranbaxy

Any close below 665 short term target 644/631

Buy above 684 Tgt 690,697 and 710 SL 680

Sell below 679 Tgt 675,670 and 665 SL 682

 

 

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.
  • Intraday 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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