“Everyone makes an ego mistake once in a while, but only a foolish player does it often. Unsuccessful traders are always having self-delusion and wishful thinking. He can’t accept his own incompetence, so he attempts a recovery shot that’s usually beyond his reach.”
Sell between 9990-10040 Tgt 9940,9869,9850,9800
BHEL is trading in the range of 1700-1820 and currently trading at the Upper end of range.
Whenever a Stock goes in a trading range Best strategy is to Sell at Resistance and Buy at support till one side Sl gets triggered.
Sell below 1765 Tgt 1753,1731 and 1700 .
If BHEL goes near 1800-1820 Short it with a Sl of Rs 20
Looking technically DLF Laxman Rekha is 208. This was the Level which supported DLF before giving a free fall in August.
Support becomes resistance and DLF is trading in a channel Break of Channel will give a Good trading opportunity
Buy above 208 TGt 211,213 and 216
Sell below 205.1 TGt 202,200 and 198