In any particular trade you never really know how far prices will travel from any given point. If you never really know where the market may stop, it is very easy to believe there are no limits to how much you can make on any given trade. From a psychological perspective this characteristic will allow you to indulge yourself in the illusion that each trade has the potential of fulfilling your wildest dream of financial independence. Based on the consistency of market participants and their potential to act as a force great enough to move prices in your direction, the possibility of having your dreams fulfilled may not even remotely exist.
Pantaloon
Stock is in downtrend till 198 is not crossed. Support exists at 184.
Buy above 193.3 Tgt 195.1,198.4 and 201
Sell below 190 Tgt 187.8,184.7 and 180
Dabur
Dabur is approaching its fresh 52 Week high of 136.5.
Buy above 137.2 Tgt 139 and 141
Sell below 134 Tgt 132.2,131 and 129.1
IDFC
Buy above 153 Tgt 154.2,155.4 and 157.2
All Levels mentioned are Spot Levels
hello sir,
you provide 3 swing calls on 15 OCT(pantaloon.idfc,dabur).i just ask u today 18 oct why not calls are not changed or this calls are for weekly.
Bramesh Ji,
My question is same as Mr.Irfan.In such case should we create our own stoploss?
Dear Sir,
SL id 0.5-1% of your trade.
Rgds,
Bramesh
bramesh sir,
I have two doubts for your daily calls.
1)are this levels for futture or cash/spot price.
2)sometimes the levels you give are hit but does not attain tgt price but go in reverse direction. wht to do in this case
Hello Irfan Sir,
Levels are Spot levels and in case of 2 question thumb rule keep sl of 0.5 – 1 % as per your risk taking capacity.
Rgds,
Bramesh