IDFC,Bharti and Tata Steel Harmonic Pattern

Tata Steel

Tata Steel has formed an ABCD pattern and signalling a potential reversal , Closing above 521 stock is heading towards 555

 

Buy above 518 Tgt 522,530 and 537 SL 514

Sell below 507 Tgt 502,497 and 490 SL 510

 

 

IDFC

IDFC has formed a Butterfly harmonic pattern signaling bearish move ahead if it closes below 144 for short term target of 139 and 136

Buy above 148.1 Tgt  151,154 and 157 SL 147

Sell below 144 Tgt 142,137 and 135 SL 146

Bharti Airtel

Bharti Airtel is forming 3 Drive Harmonic pattern signalling reversal on upside can be seen soon. 343 should be closely watched, closing above it short term target 356

Buy above 333 Tgt 335,339 and 343 SL 331

Sell below 330 Tgt 327, 323 and 319 SL 332

 

Performance sheet for Intraday and Positional is updated for June Month, Intraday Profit of 1.77 Lakh and Positional Profit of 4.77 Lakh

http://tradingsystemperformance.blogspot.in/

http://positionalcallsperformance.blogspot.in/

 

• 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.