Harmonic Pattern Analysis :BPCL,UPL,MGL

BPCL

Positional  Traders can use the below mentioned levels

Close above 412 Target 395

Intraday Traders can use the below mentioned levels

Buy above 417 Tgt 421, 425 and 430 SL 414

Sell below  412 Tgt 408, 404 and 400 SL 415

UPL

 

Positional  Traders can use the below mentioned levels

Close above 537 Target 555

Intraday Traders can use the below mentioned levels

Buy above 537 Tgt 541, 546 and 550 SL 534

Sell below  530 Tgt 525, 520 and 515 SL 535

MGL


Positional  Traders can use the below mentioned levels

Close below 1125 Target 1066 

Intraday Traders can use the below mentioned levels

Buy above 1138 Tgt 1150 , 1175 and 1200 SL 1130

Sell below 1125 Tgt 1111, 1099 and 1075 SL 1134

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

Performance sheet for Intraday and Positional is discussed for Dec Month, Intraday Profit of 5.81 Lakh  and Positional Profit of 8.97 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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