Trading Calls: Eicher Motors,Gail & Apollo Hospital No ratings yet.

Trade Date- 14/03/2018

(1) Eicher Motors: The stock has witnessed strong volume buying in the last few sessions. A bullish pattern on daily charts also indicate follow-up buying in the counter and the stock may be bought above 28920/- for upside targets.

Technical pattern: Bullish Candlestick pattern

Action

Trigger Price

Stop Loss

Target 1

Target 2

BUY >28925 28350 29200 29500

(2) Gail: The stock witnessed a gap-up opening  in the last trading session and the stock managed to close almost 2% higher. Any break above the latest resistance placed at 459/- will again initiate fresh buying in the counter. The specific trading plan for the stock is as follows:

Technical pattern: Fresh breakout

Action

Trigger Price

Stop Loss

Target 1

Target 2

BUY >459 449 464 471

(3) Apollo Hospital: The stock has formed a distribution pattern on daily charts and is trading near a breakdown level. Any break below 1090/-  will be taken as an opportunity to short the stock for targets mentioned below:

Technical pattern:  Support break

Action

Trigger Price

Stop Loss

Target 1

Target 2

SELL <1088 1105 1081 1074

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Author: Traders' Chowk

9 thoughts on “Trading Calls: Eicher Motors,Gail & Apollo Hospital

  1. Banks ( esp PSBs) are not looking very promising in short term. Though, there may be a bounce back for a few sessions, but long term momentum to sustain at higher levels is missing. IDFC may also witness a bounce back towards 52-53 odd levels. But the chances of profiting from your position in the short term looks bleak.

  2. THANK YOU SO MUCH 🙏🏻
    THE GAIL CALL CLICKED TODAY ALSO it missed by an inch for TARGET 1 but its ok i made PROFIT BY Selling at 463/-
    IM very happi with ur calls GOOD JOB🙏🏻

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