BHEL,LT and BPCL ABCD Zig Zag pattern analysis

By | December 11, 2014 7:11 am

BHEL

BHEL

Any close above 254 short term target 267.

Buy above 256.3 Tgt 260,263 and 267 SL 254

Sell below 252 Tgt 249,245 and 237 SL 254

 

 

LT

LT

Any close above 1542 stock is heading to 1563/1597.

Buy above 1550 Tgt 1560,1575 and 1586 SL 1544

Sell below 1538 Tgt 1533,1523 and 1507 SL 1544

 

 

BPCL

BPCL

Holding 665 stock can bounceback till 699.

Buy above 669 Tgt 675,682 and 690 SL 665

Sell below 660 Tgt 654,647 and 640 SL 665

 

How to trade Intraday and Positional Stocks Analysis  Click on this link

 

Performance sheet for Intraday and Positional is updated for November Month, Intraday Profit of 2.32 Lakh  and Positional Profit of 2.28 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.
  • 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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The post given here are My Personal views and for learning purpose, trading or investing in stocks is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. I will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.

 

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.

6 thoughts on “BHEL,LT and BPCL ABCD Zig Zag pattern analysis

  1. Kirti

    Ok so if tomm during entire day is it goes below 252 (which is sell level for us) can one take the trade for the appropriate targets?

    Reply
    1. Bramesh Post author

      Levels mentioned in Blue and Red letters are intraday levels which are for today only.

      For positional trading you need to wait for close above 254 for the positional buy to get activated.

      Reply
  2. Kirti

    Today Bhel ended up at 253.95 and for positional delivery it is said that it should close above 254 ..so one take up the call in such case?

    Reply

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