COAL INDIA CIPLA BPCL Harmonic Pattern Analysis

By | June 13, 2024 8:31 am

CIPLA

Positional  Traders can use the below mentioned levels

Close below 1525 Target 1485

Intraday Traders can use the below mentioned levels

Buy above 1550 Tgt 1565, 1580 and 1600 SL 1535

Sell below 1525 Tgt 1510, 1495 and 1480 SL 1535

BPCL

Positional  Traders can use the below mentioned levels

Close below 610 Target 585

Intraday Traders can use the below mentioned levels

Buy above 618 Tgt 624, 630 and 636 SL 612

Sell below 610 Tgt 604, 596 and 590 SL 616

 

COAL INDIA

Positional  Traders can use the below mentioned levels

Close below 484 Target 470

Intraday Traders can use the below mentioned levels

Buy above 489  Tgt 494, 498 and 502 SL 486

Sell below 484 Tgt 480, 476 and 470 SL 487

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  • 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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