Short Term Trading Calls:SBI,Ranbaxy and Rel Infra

By | September 23, 2013 8:06 am

Rel Infra

Rel InfraReliance Infra was unable to close above its 200 DMA and also closed below an important gann  number of 412.Any close below 398 will lead to further downside till 390 and 377 in short term which can be capitalized by swing traders. Bullish only on close above 412 for a short term target of 423 and 432.

Buy above 411 Tgt 414,419 and 423 SL 407

Sell below 403 Tgt 398,392 and 385 SL 407




SBI is trading in a wide channel, Positional traders should look for a close below 1741 for target of 1686 and 1652.

Buy above 1762 Tgt 1800,1830 and 1850 SL 1747

Sell below 1740 Tgt 1720,1695 and 1677 SL 1747



Ranbaxy is supporting its Fibo fan levels very nicely.

Buy above 337 Tgt 341,344 and 349 SL 333

Sell below 328 Tgt 325,322 and 319 SL 330



3 thoughts on “Short Term Trading Calls:SBI,Ranbaxy and Rel Infra

  1. Ram Ganesh

    Dear Bramesh Sir, I think there is some technical issue with your website; I was not able to access your website from morning 8:45am IST to 9:45 am IST

    1. Bramesh Post author

      Dear Sir,

      Site is working fine, checked with my Tech team also, Next time you face such issues send us the screenshot will investigate further.



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