Asain Paints,Hindalco and Tata Motors Technical levels

Tata Motors

Formation of risisng wedge in Telco,with range contraction.Stock has also formed double bottom at 350 odd levels.

Buy above 357 Tgt 359.5,363 and 365 SL 356

Sell below 353 Tgt 351,347 and 344 SL 354.2

 

Hindalco

Hindalco gave a range breakout but was unable to sustain above it, Positional traders keep eye on 123 odd levels ANy close above it gives target of 131.

Intraday Traders can use the below levels

Buy above 119.5 Tgt 120.8,122 and 123 SL 119

Sell below 117.8 Tgt 116.6,115.4 and 113 SL 119

 

Asian Paint

Asain paint formed symmetrical triangle with a Bullish engulfing pattern.

Buy above 473 Tgt 476,480 and 483 SL 470

Sell below 469 Tgt 466,463 and 459 SL 472

 

 

Stock Performance Sheet for the Month of September is Updated @http://tradingsystemperformance.blogspot.in/  Net Profit for the month of Sep is 1.82 Lakh and Oct Month 66.6 K

Stock Performance Positional sheet for Sep Month is updated on http://positionalcallsperformance.blogspot.com/  Net Profit for Sep Month 2.35 Lakhs

 

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