DHFL
Positional/Swing Traders can use the below mentioned levels
Holding 432 stock can bounce to 450/466.
Intraday Traders can use the below mentioned levels
Buy above 436 Tgt 438,442 and 446 SL 432
Sell below 430 Tgt 425, 420 and 413 SL 433
BHEL
Positional/Swing Traders can use the below mentioned levels
Close above 267 target 277 and 288
Intraday Traders can use the below mentioned levels
Buy above 266 Tgt 268,270 and 272 SL 264.3
Sell below 261 Tgt 258, 255 and 252 SL 263
ONGC
Intraday Traders can use the below mentioned levels
Buy above 301 Tgt 303,305 and 308 SL 298.8
Sell below 297 Tgt 295.8, 292 and 288 SL 299
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Performance sheet for Intraday and Positional is updated for June Month, Intraday Profit of 1.97 Lakh and Positional Profit of 1.93 Lakh
http://tradingsystemperformance.blogspot.in/
http://stockpositionaltrading.blogspot.in/
- All prices relate to the NSE Spot/Cash Market
- 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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Today’s long trade on ONGC was the test of the rule to avoid a trade if open=high , it was @ 301.80… the trade then retraces to provide the ideal entry @ 301, but would ve been eventually stopped out…. i think the ideal price to have taken the longs would have been @ a price higher than open, > 301.80. Would you agree ?
Off course the shorts made T2.
yes ur understanding is correct.