Ashok Leyland, Tata Motors DVR and Lupin technical analysis

Ashok Leyland

Positional/Swing Traders can use the below mentioned levels

Holding  63 short term target 68/72.

Intraday Traders can use the below mentioned levels

Buy above 66.3  Tgt 67.6,69 and 71.1 SL 65.7

Sell below 64.2 Tgt 63,61 and 59 SL 65

LUPIN

Positional/Swing Traders can use the below mentioned levels

Any close below 1686 short term target 1652/1631.

Intraday Traders can use the below mentioned levels

Buy above 1710 Tgt 1724,1740 and 1751 SL 1700

Sell below 1697 Tgt 1686,1670 and 1652 SL 1708

 

Tata Motors DVR

Positional/Swing Traders can use the below mentioned levels

Any close below 267 short term target 260/254.

Intraday Traders can use the below mentioned levels

Buy above 274 Tgt 276,279 and 284 SL 272

Sell below 268 Tgt 264,260 and 257 SL 270

 

 

Performance sheet for Intraday and Positional is updated for May Month, Intraday Profit of 2.32 Lakh  and Positional Profit of 2.07Lakh

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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