Supply Demand Analysis for Stocks

Biocon

Positional  Traders can use the below mentioned levels

Close below 251 Target 243/236

Intraday Traders can use the below mentioned levels

Buy above 254 Tgt 256,259 and 263 SL 252

Sell below 251 Tgt 248.5,246 and 244 SL 252.5

MGL

Positional  Traders can use the below mentioned levels

Close above 813 Target 842

Intraday Traders can use the below mentioned levels

Buy above 813 Tgt 820,831 and 842 SL 808

Sell below 806 Tgt 801,796 and 785 SL 810

Bata India

Positional  Traders can use the below mentioned levels

Close above 1348 Target 1396/1444

Intraday Traders can use the below mentioned levels

Buy above 1348  Tgt 1359,1369 and 1396 SL 1340

Sell below 1333 Tgt 1320,1300 and 1280 SL 1341

  • 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.