Axis Bank, Asian Paint and Zee Limited Techical Analysis

By | October 21, 2013 12:03 am

Asian Paint

Asian Paint

Asian Paint is trading in triangle pattern with resistance at 495 and support at 475. Stock has formed a DOJI pattern with volumes signalling an explosive move is round the corner.

Buy above 487 Tgt 492,495 and 500 SL 484

Sell below 483 Tgt 477,472 and 469 SL 485

 

Zee Limited

Zee

Any close above 254 will give target of 267 and 288 in short term.

Buy above 254 Tgt 256,258 and 267 SL 252

Sell below 250 Tgt 246,241 and 238 SL 252

 

Axis Bank

Axis Bank

Axis bank near its 100 DMA and Fibo resistance.

Buy above 1161 Tgt 1170,1181 and 1200 SL 1155

Sell below 1150 Tgt 1142,1135 and 1120 SL 1155

 

 

Stock Performance Sheet for the Month of September is Updated @http://tradingsystemperformance.blogspot.in/  Net Profit for the month of Sep is 1.82 Lakh and Oct Month 1.62 Lakh

Stock Performance Positional sheet for Sep Month is updated on http://positionalcallsperformance.blogspot.com/  Net Profit for Sep Month 2.35 Lakhs , Oct Month 1.56 Lakh

 

  • All prices relate to the NSE Spot
  • Calls are based on the previous trading day’s price activity.
  • The 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.
Category: Daily

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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