United Spirits
United Spirits is trading near its rising trendline support forming a contracting triangle, Break of 2288can lead to downside till 2107 in short term.
Buy above 2330 Tgt 2350,2370 and 2400 SL 2300
Sell below 2285 Tgt 2260,2240 and 2220 SL 2300
Ranbaxy
Ranbaxy after achieving our target of 343 is now near an important support level of 322 as per Fibo Fans, Holding the same bounce back till 343 can be expected.Unable to hold 322, Level of 288 will be seen on screen and Ultimate target of 254 not to scare one 🙂
Buy above 332 Tgt 336,339 and 343 SL 329
Sell below 322 Tgt 316,308 and 303 SL 326
PFC
PFC has been falling like 9 Pins from the highs of 209. PFC is approaching very crucial support of 132-131 which is powerful number as per Gann Theory.Holding the same we can see bounceback till 157 can be seen in short term
Buy above 139.3 Tgt 141,143.5 and 147 SL 137.8
Sell below 135 Tgt 133,131 and 129.5 SL 137.8
Stock Performance Sheet for the Month of June is Updated @http://tradingsystemperformance.blogspot.in/ Net Profit for the month of June is 92525/-
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