Review of today’s calls 08 April (All calls success)

1. ONGC – Buy above 316 for a target of 317. Crossing and sustaining 317 will result in a target of319. Keep SL at 312. No chance of trade since the stock hit 318 before first 15 minutes.

2. RELIANCE – Buy above 786 for a target of 792 with SL at 779.Target achieved. Days high 794

3. Bajaj Auto – Buy above 1725 for a target of 1735-50 with SL at 1709. No chance of trade, the stock hit 1727 within first 15 minutes and thereafter it was only falling down. Opening range was acting as huge resistance. ( Please read opening range breakout trading system under day trading course)

4. Tata Steel – Buy above 309 for a target of 311 with SL at 307. Target achieved. Above 309, Tata Steel touched 312.5

5. ICICI Bank – Sell below 996 for a target of 985 with SL at 1002. Target almost achieved. Days low 987.

6. TCS – Sell below 1484 with SL at 1500 for a target of 1470.Below 1484, stock touched 1474.

7. Axis Bank – Sell below 1214 for a target of 1200 with SL at 1232.Target achieved below 1214, the stock touched 1198.

8. SBI – Sell below 2060 for a target of 2040. Sustaining below 2040 will give a target of 2020. Keep SL for shorts at 2075. Target achieved. Below 2060 stock touched 2028.

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