Trading using Harmonic Pattern:Jindal Steel,HDFC Bank,PEL

  

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Jindal Steel


Positional  Traders can use the below mentioned levels

Close below 202 Target 189

Intraday Traders can use the below mentioned levels

Buy above 207 Tgt 210, 212 and 215 SL 205

Sell below 204 Tgt 202, 200 and 197 SL 206.5

PEL

 

Positional  Traders can use the below mentioned levels

Close below 1339   Target 1282

Intraday Traders can use the below mentioned levels

Buy above 1350 Tgt 1365, 1380 and 1400 SL 1340

Sell below 1339 Tgt 1325, 1300 and 1282 SL 1347

HDFC Bank

Positional  Traders can use the below mentioned levels

Close above 1076 Target 1100

Intraday Traders can use the below mentioned levels

Buy above 1076 Tgt 1084, 1090 and 1100 SL 1070

Sell below 1066 Tgt 1058, 1050 and 1042 SL 1072

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

Performance sheet for Intraday and Positional is discussed for Aug Month, Intraday Profit of 5.61 Lakh  and Positional Profit of 0.91 Lakh. Please note we do not have any “ADVISORY Service”, I share this sheet to see how the system are performing and money can be made in Stock Market if Trading  Systems are followed with discipline. Performance “Will differ” from trader to trader.

http://tradingsystemperformance.blogspot.in/

http://stockpositionaltrading.blogspot.in/

  • 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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