ICICI Bank, Voltas and ONGC technical analysis

By | August 13, 2014 7:00 am
13 Comments

ICICI Bank

ICICI Bank

Positional traders should look for a close below 1453 for short term target of 1411.

Intrday Traders can use the below mention level

Buy above 1467 Tgt 1473,1483 and 1500 SL 1463

Sell below 1455 Tgt 1447,1440 and 1430 SL 1463

 

Voltas

Voltas

Unable to close above 212 stock can correct back to 199 odd levels

Intrday Traders can use the below mention level

Buy above 208 Tgt 209,211 and 214 SL 207

Sell below 205 Tgt 204,201 and 199 SL 207

 

ONGC

ONGC

Intrday Traders can use the below mention level

Buy above 407 Tgt 410,414 and 422 SL 405

Sell below 402 Tgt 398,394 and 390 SL 405

 

 

 

Performance sheet for Intraday and Positional is updated for July Month, Intraday Profit of 3.28 Lakh  and Positional Profit of 4.67 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.

13 thoughts on “ICICI Bank, Voltas and ONGC technical analysis”

  2. arpit

    Hi,
    According to you I have shorted icicibank @1452 , but today it hit the SL.

    Did I mis interprete your level or call went wrong?
    I m not bleming u but to be cautious on next trade…to interprete your level correctly. ..

    Reply ↓
          1. arpit

            hi,is your aug sheet call on icici positional is still holding by u or it is not updated yet?

          2. Bramesh Post author

            I need to update the sheet not getting the time , SL was triggered

            Rgds,
            Bramesh

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