Swing Trading: Harmonic Analysis on IRCTC, IGL, Bandhan – Bramesh’s Technical Analysis


IRCTC

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Positional  Traders can use the below mentioned levels

Close below 730 Target 702

Intraday Traders can use the below mentioned levels

Buy above 740 Tgt 747, 756 and 763 SL 733

Sell below 730 Tgt 722, 714 and 707 SL 736

Bandhan Bank

 

Positional  Traders can use the below mentioned levels

Close below 154 Target 147

Intraday Traders can use the below mentioned levels

Buy above 157 Tgt 158.5, 160   and 162  SL 155

Sell below 154 Tgt 152.5, 151 and 149 SL 156

IGL

Positional  Traders can use the below mentioned levels

Close below 204 Target 196

Intraday Traders can use the below mentioned levels

Buy above 208 Tgt 210, 212  and 214 SL 206.5

Sell below 204 Tgt 202.5, 201 and 199 SL 206.5

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

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.



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