Tata Motors,Century Textile and SAIL technical analysis

By | August 11, 2014 6:47 am

Tata Motors

 

tata motors

Positional traders should look for 433, Closing below 434 stock is heading towards 411, Closing above 433 short term target 442/450.

Intraday Traders can use the below mentioned levels

Buy above 434 Tgt 437,441 and 445  SL 432

Sell below 429 Tgt 426.5,422 and 418 SL 432

 

 

Century Textile

Century Textile

Positional traders should look for 573, Closing below 573  stock is heading towards 555, Closing above 576 short term target 589/597

Intraday Traders can use the below mentioned levels

Buy above 579 Tgt 584,589 and 596 SL 576

Sell below 571 Tgt 567.5,561 and 555 SL 573

SAIL

 

SAIL

 

Positional traders should look for close below 81 for short term target of 76.

Intraday Traders can use the below mentioned levels

Buy above 82 Tgt 83.5,84.5 and 86 SL 81.1

Sell below 80.3 Tgt 79.4,77.7 and 76 SL 81.1

 

 

 

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Performance sheet for Intraday and Positional is updated for July Month, Intraday Profit of 3.28 Lakh  and Positional Profit of 4.67 Lakh

http://tradingsystemperformance.blogspot.in/

http://positionalcallsperformance.blogspot.in/

 

  • 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.

6 thoughts on “Tata Motors,Century Textile and SAIL technical analysis

  1. gaurav

    sir .. gud afernoon.. u r doing very hard and smart work and hatts off for the same. please share how u r keeping stoploss and target .. for eg:- u analyse if tata motor closes above 434 then short term tgt 442/450. but my question is tatamotor closed @ 432.9 on 8th aug 2014.then we have make short position/ or exit from delivery as per your view [ tatamotor closed below 434 tgt 411 then sir how u got entry price 434 on 11th Aug 2014. Please do not misunderstand me. If u got entry on 11th aug 2014 by day end then closing price was on 11th aug was 446.. then Why your performance sheet get entry on 434..?? please explain in details how u r taking entry and keeping stoploss so that we can religiously follow it..thanks sir u r doing great job

    Reply
    1. Bramesh Post author

      Dear Gaurav,

      Tata Motors call was analyzed yesterday so 8 Aug is out of question. Now IN my sheet i my entry is @ 438 not 434 as ur saying.As telco opened gap up and above trigger level of 434 we took the trade SL would have been 434 on closing basis.

      RGds,
      Bramesh

      Reply
      1. gaurav

        thanks sir for taking time to write. U have taken entry as gap up .. but u mentioned to take entry if closed above 434.. Further my question how u r keeping stoploss ..?? For eg:- 06 Aug 2014 , u bought adani @ 267 but u mentioned in site ” Any closed above 267 is heading towards 288, closing below it 254 on card”. Now How U entered @ 267 on 06 Aug and how u got exited on 267 as per sheet. Please explain and share your experience.

        Reply
        1. Bramesh Post author

          Dear Gaurav,

          There are 2 kind of traders, Conservative and Aggresive. If you are conservative trader you wait for price to come near trigger price in near future, if aggresive you jump in and buy/sell. SL is always trigger level on closing basis.

          Rgds,
          Bramesh

          Reply

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