CANARA BANK FEDERAL BANK LT Harmonic Pattern Analysis

By | August 24, 2023 8:49 am

CANARA BANK

Positional  Traders can use the below mentioned levels

Close below 328 Target 318

Intraday Traders can use the below mentioned levels

Buy above 333 Tgt 336, 339 and 342 SL 330

Sell below 328 Tgt 325, 322 and 318 SL 331

FEDERAL BANK

Positional  Traders can use the below mentioned levels

Close below 611 Target 575

Intraday Traders can use the below mentioned levels

Buy above 142 Tgt 143.5, 144.4 and 146 SL 141

Sell below 140.5 Tgt 139.2, 138 and 136  SL 141.5

 

LT

Positional  Traders can use the below mentioned levels

Close below 2700 Target 2650

Intraday Traders can use the below mentioned levels

Buy above 2720 Tgt 2734, 2750 and 2777  SL 2704

Sell below 2700  Tgt 2685, 2666 and 2650 SL 2712

 

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

As always I wish you maximum health and trading success

  • 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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