Stocks Harmonic Set Up for Swing Trade

Jindal Steel

Positional  Traders can use the below mentioned levels

Close above 106 Target 111/114
Intraday Traders can use the below mentioned levels
Buy above 106 Tgt 107.5, 109 and 111 SL 105
Sell below 103 Tgt 101, 99 and 96 SL 104.5

Bank Baroda

Positional  Traders can use the below mentioned levels

Close above 97 Target 101/105
Intraday Traders can use the below mentioned levels
Buy above 97 Tgt 98, 99 and 100 SL 96
Sell below 95 Tgt 94, 93 and 92 SL 96

PEL

Positional  Traders can use the below mentioned levels

Close above 1830 Target 1900
Intraday Traders can use the below mentioned levels
Buy above 1830 Tgt 1850, 1875 and 1900 SL 1810
Sell below 1800 Tgt 1780, 1755 and 1730 SL 1821

  • 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.