Wednesday, January 22, 2014

Swing Trades

Swing Trades



BATAINDIA

Bataindia is making double top and is drifting downward side .One can create a short by selling with a target of 940 n placing a stop loss of 998.

ACC

ACC is in the downward trend  and is near the support a breakdown from the support can be the good opportunity for the traders to create a short. One can sell below 1020 for a target of 970 with the stop loss of 1038.

NMDC

NMDC is making higher bottom during consolidation resulting into ascending triangles a breakout from this pattern can be a good investment trade. Buy above 146 with a short term target of 154 and then 165, with the stop loss of 134.


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