Reader Request: ZEE Limited,Biocon and Bajaj Auto

We can not control:

• Whip saws when the trend reverses on us.

• Gaps in opening prices both up and down.

• Headline risk.

• Natural disasters.

• Whether a trend continues or reverses the moment we open a position.

• Whether any individual trade wins or loses.

• How many winning or losing trades we have in a row.

ZEE Limited

 

ZEE is facing resistance at its upper trendline @ 140.4. Channel Support comes at 132

Sell below 131 Tgt 128.3,126 and 124

 

Biocon

Biocon Limited will face trendline resistance at 300.Trading well in a channel and upper trendline also comes at 300.

Sell below 291 Tgt 287 and 283

Long Positions shall be taken only above 303 tgt 306,310 and 317

Bajaj Auto

Bajaj Auto is entering the supply zone of 1828-40 levels. Positional Shorts can be taken here with a strict sl of 1841

Sell below 1810 Tgt 1790,1771 and 1752

Buy above 1841 Tgt 1854,1866 and 1884