Commodities

Saturday, 26 April 2014

Trading Tips For Week Starting-28.4.2014

1. ACC LTD:- CMP-RS.1310.25 ON 25.4.2014 (POSITIONAL CALL)


SUPPORT:- 1250 / 1217.55


RESISTANCE:-1345 / 1369 / 1403


Some technical parameter are indicating exhaustion therefore sell  at current level with a stop loss of 1320 and on the rise near 1340 -60 with a stop loss of Rs.1370 for a down target of 1248 .Kindly note that if it breaks 1217 and stay below this then further sharp fall may be there.


REMARK:- Sell Call



2. BHARAT FORGE:-CMP-RS.416.85ON 25.4.2014 (POSITIONAL CALL)


SUPPORT:- 412 / 395 / 378


RESISTANCE:-432 / 438 / 449.

Sell below 412 only with a stop loss of Rs.419 for a target of Rs.384.50


REMARK:- Sell Call



     NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.
                 2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.
                 3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL   PROTECTION. 


 Contact me for strategic guidance to enter and exit the trade





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