Reliance after breaking out of its Flag pattern has shown 4% rally and formed a DOJI pattern yesterday signalling a good move is on the cards.Stock has closed above its congestion zone of 903 and can see an upmove till 950 odd levels.
Buy above 921 Tgt 926,932 and 940 SL 917
Sell below 915 Tgt 910,904 and 900 SL 917
Federal Bank has closed above an important level of 377,which gives short term target of 398.
Buy above 382 Tgt 385.6,390 and 393 SL 379
Sell below 374 Tgt 369,364 and 359 SL 376
Bajaj Auto is trading in a small range of 1920-1840 from past many trading sessions,Stock look ripe for breakout above 1920 or breakdown below 1850 in coming 2-3 trading sessions.
Buy above 1901 Tgt 1920,1950,1974 and 2207 SL 1884
Sell below 1880 Tgt 1865,1845 and 1830 SL 1885
Stock Performance Sheet for the Month of June is Updated @http://tradingsystemperformance.blogspot.in/ Net Profit for the month of June is 1.08 Lakh
- All prices relate to the NSE Spot
- Calls are based on the previous trading day’s price activity.
- The 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.
We do discussion in Live market to update Nifty levels If you are interested you can LIKE the page to get Real Time Updates.
Follow on Facebook during Market Hours: http://www.facebook.com/pages/Brameshs-Tech/140117182685863