RAIN Jindal Steel BPCL Harmonic Pattern Analysis

By | September 11, 2024 9:44 am

RAIN

Positional  Traders can use the below mentioned levels

Close below 174 Target 166

Intraday Traders can use the below mentioned levels

Buy above 177 Tgt 179.5, 181 and 183 SL 175.5

Sell below 174 Tgt 172.5, 171 and 169 SL 175.5

BPCL

Positional  Traders can use the below mentioned levels

Close below 345 Target 330

Intraday Traders can use the below mentioned levels

Buy above 350 Tgt 353, 356 and 359 SL 347

Sell below 345 Tgt 343, 340 and 337 SL 348

 

Jindal Steel

Positional  Traders can use the below mentioned levels

Close below 950 Target 910 

Intraday Traders can use the below mentioned levels

Buy above 962 Tgt 970, 980 and 990 SL 956

Sell below 950 Tgt 940, 930 and 920 SL 956

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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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