SBIN PNB MGL Swing Levels

By | May 9, 2024 8:15 am

SBIN

Positional  Traders can use the below mentioned levels

Close below 800 Target 775

Intraday Traders can use the below mentioned levels

Buy above 812 Tgt 820, 828 and 836 SL 806

Sell below 800 Tgt 792, 785 and 775 SL 806

PNB

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 126.5, 128 and 130 SL 124

Sell below 122 Tgt 121, 120 and 118 SL 124

 

MGL

Positional  Traders can use the below mentioned levels

Close below 1350  Target 1285

Intraday Traders can use the below mentioned levels

Buy above 1385  Tgt 1400, 1414 and 1428  SL 1375

Sell below 1350 Tgt 1335, 1320  and 1300 SL 1365 

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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.

Category: W.D. Gann Trading Techniques

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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