JSPL,Asian Paint and Colgate Technical analysis

By | December 31, 2013 1:48 am


JSPLTrading near its 200 DMA,any close above 267 gives short term target of 280 and 288.

Buy above 263.5 Tgt 266,269 and 272 SL 262

Sell below 261 Tgt 259.8,257 and 254 SL 262.5




Positional traders should keep ab eye on 1364. Any close above 1364 stock is heading to 1400 and 1453 in short term.

Buy above 1356 Tgt 1364,1376 and 1390 SL 1350

Sell below 1340 Tgt 1320,1300 and 1284 SL 1350


Asian Paints

asain paints

Buy above 488 Tgt 491,494 and 498 SL 486

Sell below 483 Tgt 480,476 and 472 SL 486

Stock Performance Sheet for the Month of  December is Updated @http://tradingsystemperformance.blogspot.in/  Net Profit for the month of Dec is 1.51Lakh 

  • 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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