Reliance,Adani and Cipla channel trading

Reliance

Reliance is at crucial juncture, close above 990 stock is heading towards 1008/1021. Any close below 986 short term target 966/953.

Buy above 991 Tgt 995,1003 and 1008 SL 988

Sell below 987 Tgt 983,978 and 970 SL 990

 

Adani Port

Buy above 305 Tgt 306.4,309 and 314 SL 303

Sell below 301 Tgt 298.5,394 and 290 SL 303

 

 

CIPLA

Any close above 610 stock is heading to 623/631.

Buy above 611 Tgt 615,622 and 626 SL 607

Sell below 606 Tgt 603,598 and 591 SL 609

 

 

How to trade Intraday and Positional Calls — Click on this link

 

Performance sheet for Intraday and Positional is updated for October Month, Intraday Profit of 2.03 Lakh  and Positional Profit of 4.46 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.