Positional Call for short term(1-2 months)- 16 September
Hi Traders/Investors ,Here i presents some sure shot positional stocks where you can invest for short term like 1 to 2 month.
1.ORIENT REFRACTORIES:
The technical looks that the major trend and short term trend is bullish in 4 hour chart price having, sort term correction and support zone will be formed at 216, current trend line will be bearish, recent breakout will be bearish, anticipation for upside movement, wait for reversal candle at support zone , or buy at trend line breakout.
BUY PRICE:216, STOP LOSS:190, TAKE PROFIT:303, TIME SPAN:2MONTH
2.RELIANCE CAPITAL:
The technical looks that in long term price trending to upside, but in shorter time frame price trending to downside, in 4 hour chart recent we have bearish breakout which short term resistance formed at 430, chart also showing head & shoulder pattern breakout in downside, last upside breakout retest zone will be formed at 373, anticipation for short term selling.
SELL PRICE:430, STOP LOSS:445, TAKE PROFIT:373, TIME SPAN:1MONTH
3.GREAVES COTTON LTD:
The technical looks that the major trend is bullish, price trending to upside, chart showing sort term correction EMA 100, 200, 600 acting as support, daily charts candle have reversal hammer which showing buying pressure, gap upside in chart also indicating buying pressure, anticipation for short term upside momentum.
BUY PRICE:147, STOP LOSS:145, TAKE PROFIT:170, TIME SPAN:1MONTH
For more updates visit this section regularly.
1.ORIENT REFRACTORIES:
The technical looks that the major trend and short term trend is bullish in 4 hour chart price having, sort term correction and support zone will be formed at 216, current trend line will be bearish, recent breakout will be bearish, anticipation for upside movement, wait for reversal candle at support zone , or buy at trend line breakout.
BUY PRICE:216, STOP LOSS:190, TAKE PROFIT:303, TIME SPAN:2MONTH
2.RELIANCE CAPITAL:
The technical looks that in long term price trending to upside, but in shorter time frame price trending to downside, in 4 hour chart recent we have bearish breakout which short term resistance formed at 430, chart also showing head & shoulder pattern breakout in downside, last upside breakout retest zone will be formed at 373, anticipation for short term selling.
SELL PRICE:430, STOP LOSS:445, TAKE PROFIT:373, TIME SPAN:1MONTH
3.GREAVES COTTON LTD:
The technical looks that the major trend is bullish, price trending to upside, chart showing sort term correction EMA 100, 200, 600 acting as support, daily charts candle have reversal hammer which showing buying pressure, gap upside in chart also indicating buying pressure, anticipation for short term upside momentum.
BUY PRICE:147, STOP LOSS:145, TAKE PROFIT:170, TIME SPAN:1MONTH
For more updates visit this section regularly.
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