Trading using Harmonic Pattern:Tata Chem,Jindal Steel,Siemens

Tata Chemical


Positional  Traders can use the below mentioned levels

Close above 308 Target 320

Intraday Traders can use the below mentioned levels

Buy above 308 Tgt 311, 314 and 317  SL 306.5

Sell below  305 Tgt 302, 299 and 296 SL 306.5

Jindal Steel

Positional  Traders can use the below mentioned levels

Close below 205 Target 193

Intraday Traders can use the below mentioned levels

Buy above 208.5 Tgt 210, 212 and 214 SL 206

Sell below  204 Tgt 201, 199  and 195 SL 206

Siemens

Positional  Traders can use the below mentioned levels

Close below 1320 Target 1275

Intraday Traders can use the below mentioned levels

Buy above 1335 Tgt 1344, 1358 and 1375 SL 1325

Sell below 1320 Tgt 1309, 1288 and 1275 SL 1330

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

Performance sheet for Intraday and Positional is discussed for Oct  Month, Intraday Profit of 5.19 Lakh  and Positional Profit of 9.14 Lakh. Please note we do not have any “ADVISORY Service”, I share this sheet to see how the system are performing and money can be made in Stock Market if Trading  Systems are followed with discipline. Performance “Will differ” from trader to trader.

http://tradingsystemperformance.blogspot.in/

http://stockpositionaltrading.blogspot.in/

  • All prices relate to the NSE Spot/Cash Market
  • 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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