JSW Energy,Motherson Sumi and BPCL Harmonic pattern analysis

By | April 10, 2015 7:02 am

JSW Energy

JSW Energy

Unable to close above 123 stock is heading back to 110.

Intraday Traders can use the below mentioned levels

Buy above 120.5 Tgt 121.5,122.2 and 124.5 SL 119.9

Sell below 119.5 Tgt 118.5,118 and 117SL 120.4

 

BPCL

BPCL

Intraday Traders can use the below mentioned levels

Buy above 819 Tgt 824,828 and 835 SL 817

Sell below 809 Tgt 803,793 and 785 SL 812

Motherson Sumi

motherson

Positional trades should watch for 521 closing above it stock is heading to 540/555. Unable to close above it 480/464 short term target.

Intraday Traders can use the below mentioned levels

Buy above 513 Tgt 517,521 and 526 SL 510

Sell below 503 Tgt 499,496 and 490 SL 505

 

How to trade Intraday and Positional Stocks Analysis  Click on this link

 

Performance sheet for Intraday and Positional is updated for March Month, Intraday Profit of 2.26 Lakh  and Positional Profit of 2.66 Lakh

http://tradingsystemperformance.blogspot.in/

http://stockpositionaltrading.blogspot.in/

 

  • All prices relate to the NSE Spot/Cash Market
  • Calls are based on the previous trading day’s price activity.
  • Intraday 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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The post given here are My Personal views and for learning purpose, trading or investing in stocks is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. I will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.

11 thoughts on “JSW Energy,Motherson Sumi and BPCL Harmonic pattern analysis

  1. VijayRaghav

    Hi Sir,
    I do not know Harmonics. When I see JSW Energy on charts am seeing that it has been in sideways (consolidate?) since 26th March and now ready for up move again. On BB also, two times it has touched upper band and getting ready for a third attempt towards upper band. But as per Harmonics, since it has closed below 123, it is heading back to 110. Could you please give me link where I can study this Harmonic pattern?

    Reply
  2. chandra pratap

    calls given on 10th were for 10th april trdaing session or for 13th april that is monday

    Reply
        1. Bramesh Post author

          Hi Himanshu,

          Sent the course details. Please check your spam folder

          Rgds,
          Bramesh

          Reply

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