Al Bank,Adani Port and Bata India ABCD pattern Analysis

By | February 5, 2015

Allahabad Bank

ALBK

Holding 110 stock is heading back to 115/121 in short term.

Intraday traders use below mentioned levels

Buy above 111 Tgt 112.5,114.6 and 116.8 SL 110.4

Sell below 109 Tgt 108.2,106 and 104 SL 110

 

 

Bata India

Bata India

Any close above 1364 stock is heading back to 1400/1453

Intraday traders use below mentioned levels

Buy above 1369 Tgt 1390,1403 and 1420 SL 1362

Sell below 1350 Tgt 1340,1320 and 1288 SL 1362

 

Adani Port

Adani Port

Any close above 322 stock is heading to 343

 

Intraday traders use below mentioned levels

Buy above 322 Tgt 324,328 and 333 SL 320

Sell below 319 Tgt 316,313 and 310 SL 321

 

 

How to trade Intraday and Positional Stocks Analysis  Click on this link

 

Performance sheet for Intraday and Positional is updated for December Month, Intraday Profit of 2.25 Lakh  and Positional Profit of 1.49 Lakh

http://tradingsystemperformance.blogspot.in/

http://stockpositionaltrading.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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Please also read the detailed Disclaimer mentioned in the Right side of Blog.

The post given here are My Personal views and for learning purpose, trading or investing in stocks is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. I will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.

5 thoughts on “Al Bank,Adani Port and Bata India ABCD pattern Analysis

  1. Srinithya

    Hi,
    What about the stop loss… weather we have to change for spot & future else same stop for both?

    Thanks in advance

    Srinithya.V

  2. Bramesh Post author

    As and when price comes on Spot value trades are taken in future.

    Request you to trade in cash for some days before moving in Futures.

    Rgds,
    Bramesh

  3. sathish4308

    Dear bramesh,

    A doubt in your calls -> There is always Premium difference between Nse Spot and Future , Do we need to take position based on Spot value or Future value.

    For example in today’s Bata India Buy side , Future value holds and crosses 1369 but at that time Bata india Spot value is 1364 only. Shall I take the position in the future right away or do I have wait for Spot value to come to 1369. ..?

    Pls advice

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