Hindalco
Positional/Swing Traders can use the below mentioned levels
Close above 86 Tgt 89/92
Intraday Traders can use the below mentioned levels
Buy above 86.5 Tgt 87.5,89 and 90 SL 85.5
Sell below 84 Tgt 83,82 and 80.9 SL 85
Wipro
Positional/Swing Traders can use the below mentioned levels
Close above 555 Tgt 576/589
Intraday Traders can use the below mentioned levels
Buy above 553 Tgt 556.5,560 and 565 SL 551
Sell below 548 Tgt 544,540 and 536 SL 551
BEL
Intraday Traders can use the below mentioned levels
Buy above 1105 Tgt 1111,1120 and 1131 SL 1098
Sell below 1097 Tgt 1091,1080 and 1071 SL 1102
How to trade Intraday and Positional Stocks Analysis — Click on this link
Performance sheet for Intraday and Positional is updated for February Month, Intraday Profit of 5.09 Lakh and Positional Profit of 2.89 Lakh
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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Superb analysis sir.