Stock Trading:BoB,HCL Tech and Maruti

By | September 17, 2013 7:36 am

Bank of Baroda

Bank Baroda

Bank of Baroda is respecting its Fibo fan levels and also closed below an important Gann number of 555.Bullish move above 555 for target of 576 and 589. Positional Shorts should be initiated below 520 for target of 500 and 476.

Intraday Traders can use the below mentioned levels

Buy above 539 Tgt 543,548 and 555 SL 533

Sell below 528 Tgt 523,517 and 510 SL 533




Maruti is trading is perfect downtrending channel and facing resistance at upper end of channel. Positonal traders should look out for close above 1364 for short term target of 1450.

Intraday Traders can use the below mentioned levels

Buy above 1364 Tgt 1381,1401 and 1425 SL 1356

Sell below 1352 Tgt 1336,1313 and 1292 SL 1359


HCL Tech

HCL Tech

HCL tech is trading near a crucial Gann number of 987, Any close below it gives short term target of 967 and 953.

Intraday Traders can use the below mentioned levels

Buy above 1001 Tgt 1012,1025 and 1038 SL 996

Sell below 988 Tgt 980,967 and 953 SL 996


Stock Performance Sheet for the Month of September is Updated @  Net Profit for the month of Aug is 1.89 Lakh and Sep Month 98K

Stock Performance Positional sheet for Sep Month is updated on


  • 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.

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Category: Nifty Technical Analysis

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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