Wockpharma,IDFC and Dabur harmonic pattern

By | February 3, 2015

Wockpharma

Wock Pharma

Positional traders should look for close above 1230 for short term target of 1260/1300. Closing below 1200 stock is heading to 1131.

Intraday traders use below mentioned levels

Buy above 1212 Tgt 1220,1228 and 1248 SL 1206

Sell below 1200 Tgt 1190,1175 and 1160 SL 1206

 

Dabur

Dabur

254 is trend changer level, holding the same stock is heading to 267/288. Any close below 254 short term target 246/241.

Intraday traders use below mentioned levels

Buy above 263.7 Tgt 264.9,268.2 and 272 SL 261.5

Sell below 260 Tgt 257,254 and 252 SL 261.5

 

IDFC

IDFC

Any close above 178 stock is heading to 188/198. Closing below 176 stock is heading back to 165.

Intraday traders use below mentioned levels

Buy above 178 Tgt 179.9,183.5 and 187 SL 176

Sell below 175 Tgt 173,171 and 168 SL 176

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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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.

2 thoughts on “Wockpharma,IDFC and Dabur harmonic pattern

  1. Bramesh Post author

    Please read the article how to trade positional calls

  2. Kumar

    In your call of 3rd Feb, you have given a call to buy wockpharma if closing is above 1230 for positional trade. However, on 3rd feb, the call did not trigger. However, today i.e. on 4th feb, the price crossed the trigger of 1230 during market hours. In such a case, should one take the trade the moment it has crossed the trigger price since it has already touched your target of 1260 & 1300 today itself. Also, I understand that the prices you have given are of the NSE cash market. How to correlate it with the Futures? Please clarify.

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