Stock Trading:JSPL,Raymond and Ranbaxy

Jindal Steel

JSPL is over verge of triangle breakout . Any close above 254 gives short term target of 267.

Intraday Traders can use the below mentioned levels

Buy above 250 Tgt 253,256 and 260 SL 247

Sell below 245 Tgt 241,236 and 230 SL 247

 

 

Raymonds

Raymonds is trading at upper end of its trading range.Any close above 233 gives short term target of 246 and 254.

Intraday Traders can use the below mentioned levels

Buy above 237 Tgt 241,246 and 250 SL 233

Sell below 227 Tgt 223,219 and 214 SL 230

 

Ranbaxy

Ranbaxy is respecting its fibo fans as seen in above chart, Positional traders  should look for a close above 343 for short term target of 377

Intraday Traders can use the below mentioned levels

Buy above 332 Tgt 338,343 and 349 SL 328

Sell below 325 Tgt 320,315 and 310 SL 328

 

Stock Performance Sheet for the Month of September is Updated @http://tradingsystemperformance.blogspot.in/  Net Profit for the month of Aug is 1.89 Lakh and Sep Month 98K

Stock Performance Positional sheet for Sep Month is updated on http://positionalcallsperformance.blogspot.com/

 

• 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.

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