Trading using Time Cycle:Hindpetro,M&M,Reliance – Bramesh’s Technical Analysis

  


HindPetro


Positional  Traders can use the below mentioned levels

Close above 214 Target 222

Intraday Traders can use the below mentioned levels

Buy above 214 Tgt 216, 218 and 220 SL 212

Sell below  210 Tgt 208.5, 206 and 204 SL 212

Reliance

Positional  Traders can use the below mentioned levels

Close below 2070 Target 2000

Intraday Traders can use the below mentioned levels

Buy above 2090 Tgt 2102, 2120 and 2150 SL 2077

Sell below  2070 Tgt 2055, 2025 and 2005 SL 2085 

M&M

Positional  Traders can use the below mentioned levels

Close below 616 Target 595

Intraday Traders can use the below mentioned levels

Buy above 621 Tgt 627, 636 and 644 SL 617

Sell below 616 Tgt 610, 603 and 595 SL 620

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

Performance sheet for Intraday and Positional is discussed for Oct  Month, Intraday Profit of 5.19 Lakh  and Positional Profit of 9.14 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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