Technical Intraday Swing Calls:Axis Bank,Ranbaxy and Siemens

By | October 16, 2012 7:53 am

Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader.

Axis Bank

Axis Bank came with good set of number. Stock took support at crucial level of 1110 which shows good buying at lower levels.

Buy above 1144 Tgt 1151,1162 and 1174

 

Ranbaxy

 

Ranbaxy has shown an Ascending triangle breakout, follow up today should happen.

Buy above 549 Tgt 552,557 and 563

 

Siemens

 

Siemens is near a breakout of 703.

Buy above 703 Tgt714,723 and 732

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