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Picks of the day: 06 March 2019

Note: Please use these calls only if you feel comfortable. Otherwise avoid taking intraday positions, even if you do, use strict stop losses and cut the loss immediately if market shows any counter-directional swing.

Buy AXISBANK near 732-731 stop loss 726/725, tgts 735, 738 and 742
Buy TATASPONGE near 740/739 stop loss 735/733, tgts 743, 747 and 752
Buy TATACHEM  near 579/577 stop loss  574/572, tgts 583, 585 and 589

Note:
Calls are based only on technical studies.

Stop-loss is an essential risk control mechanism; it should always be there.

Trading involves considerable risk. Trade at your own risk to the extent you are comfortable.

Please note that
Short term means: 2/ 3 days – 3weeks.
Medium term means: more than 3 weeks to 3 months.
Long term means more than 3 months to 1 year.


Trade well
Avtar
Research Analyst
(Regn. No.# INH100005950)

Disclaimer

Trading involves considerable risk. Trade at your own risk to the extent you are comfortable. The analyst shall not be responsible for any losses incurred for acting on these recommendations.