Stock Swing Trade:KTK Bank,ONGC and Jsw Steel

By | January 18, 2013 9:46 am

KTK Bank


KTK has been consolidating 170-186 after steep rise. Stock has trendline resistance at 176-178.

Buy above 178 Tgt 181,183 and 186

Sell below 172.5 Tgt 170,168 and 166


JSW Steel

JSW Steel

JSW Steel has been trading in a proper channel and is now on upper end of channel.Unable to cross 865-866 range stock will give a pullback back to 825.

Sell below 852 Tgt 840,832 and 825




ONGC has been on a ride after diesel price deregulation. Stock made a high today of 354. Range of 361-366 has been the resistance in past and this time also expect a pullback in ONGC. Long term investor can book profit in the range of 355-361

Sell below 345 Tgt 341,336 and 332

Buy above 350 Tgt 355,361 and 366

Leave a Reply