Arvind,Biocon and JSW Steel Harmonic pattern analysis

Arvind

Positional traders should watch for  Any close above 288 stock is heading to 300/322.

Intraday traders can use the below levels

Buy above 284 Tgt 287,291 and 296 SL 282

Sell below 279 Tgt 275,270 and 267 SL 282

 

Biocon

Positional traders should watch for  Any close below 466 stock is heading to 432.

Intraday traders can use the below levels

Buy above 476 Tgt 480,484 and 489 SL 474

Sell below 470 Tgt 465,461 and 451 SL 474

 

JSW Steel

Positional traders should watch for 1131  holding the same stock can see bounceback till 1220, breaking the same stock is heading to 1076.

Intraday traders can use the below levels

Buy above 1152 Tgt 1165,1179 and 1200 SL 1140

Sell below 1126 Tgt 1111,1099 and 1076 SL 1140

 

 

How to trade Intraday and Positional Calls — Click on this link

 

Performance sheet for Intraday and Positional is updated for September Month, Intraday Profit of 3.58 Lakh  and Positional Profit of 2.09 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.