Trading using Harmonic Pattern: MCX,NTPC,BEL

By | September 16, 2021 7:30 am
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MCX

Positional  Traders can use the below mentioned levels

Close above  1615 Target 1675 

Intraday Traders can use the below mentioned levels

Buy above 1615 Tgt 1626, 1644 and 1660 SL 1600

Sell below  1593 Tgt 1577, 1559 and 1540 SL 1600

BEL

 

Positional  Traders can use the below mentioned levels

Close below 204 Target 196

Intraday Traders can use the below mentioned levels

Buy above 208 Tgt 210, 212 and 214 SL 207

Sell below  205.5 Tgt 204, 202 and 200 SL 207

NTPC

 

 

Positional  Traders can use the below mentioned levels

Close below 122 Target 116

Intraday Traders can use the below mentioned levels

Buy above 125 Tgt 126, 127.5 and 129  SL 124

Sell below  122 Tgt 121 , 120 and 118.5 SL 123

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

Performance sheet for Intraday and Positional is discussed for August  Month, Intraday Profit of 3.67  Lakh  and Positional Profit of 5.42 Lakh. Please note we do not have any “ADVISORY Service”, I share this sheet to see how the system are performing and money can be made in Stock Market if Trading  Systems are followed with discipline. Performance “Will differ” from trader to trader.

Intraday Sheet Click Here

Positional Sheet  Click Here 

  • 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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