TRADING CALLS FOR-1-2-2016

TRADING CALLS FOR 1-2-2016

1. AUROBINDO PHARMA

Buy above-838, S/L-833, Target-850/863/876

                                     Or

Buy near 828.50 but not below this, S/L-822.

2. DR.REDDYS LAB

Buy above-3120, S/L-3107, Target-3172/3266/3283.

                                     Or

Buy near 3080 but not below this, S/L-3070.

3. RELIANCE INDUSTRIES

Buy above-1040, S/L-1033, Target-1067.85/1089.75/1133/1140..

                                     Or

Buy near 1025 but not below this, S/L-1017.

4. BHARAT FORGE

Buy above-839.75, S/L-833, Target-850/876/893.

                                     Or

Buy near 822 but not below this, S/L-816.

5. GLENMARK PHARMA

Buy above-779.50, S/L-775, Target-800/807/816/821.

                                    

Note: Price stated here is of spot market.

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view.

Contact me for strategic guidance to enter and exit the trade