CHOLA FINANCE BPCL POONAWALA Supply Demand Analysis

By | December 20, 2024 8:39 am

CHOLA FINANCE

Positional  Traders can use the below mentioned levels

Close below 1200 Target 1166

Intraday Traders can use the below mentioned levels

Buy above 1212 Tgt 1224, 1236 and 1250 SL 1205 

Sell below 1200 Tgt 1188, 1177 and 1166 SL 1210

BPCL

Positional  Traders can use the below mentioned levels

Close below 291 Target 285

Intraday Traders can use the below mentioned levels

Buy above 296  Tgt 299, 303 and 306 SL 294

Sell below 293 Tgt 291, 288 and 285 SL 295

 

POONAWALA

Positional  Traders can use the below mentioned levels

Close below 321 Target 312

Intraday Traders can use the below mentioned levels

Buy above 325 Tgt 328, 331 and 334 SL 322

Sell below 321 Tgt 318, 315 and 312   SL 323

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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.

Wishing you good health and trading success as always.As always, prioritize your health and trade with caution.

As always, it’s essential to closely monitor market movements and make informed decisions based on a well-thought-out trading plan and risk management strategy. Market conditions can change rapidly, and it’s crucial to be adaptable and cautious in your approach.

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