We have identified these stocks on the basis of certain trading patterns emerging on daily and weekly charts. These stocks are positional trades that can be kept in the portfolio with 15 to 30 days. Our suggestion is to hold these stocks till target achieved or stop loss hit. Higher the Risk Reward ratio better it is with ideal ratio 2 times or above.
Traders should not treat these calls intraday as these are positional trades with 15 to 30 days horizon and hold these positions till target hit or stop loss. It can become intrady trade only if its hit either stop loss or target..
> share price Indian oil corporation
Target Rs. 118
Stoploss: Rs. 102
Risk & Reward ratio: 3.102 times
> Jm financials stock price
Risk & Reward ratio: 3.469 times
> Aavas share price
CMP: Rs 2592.35
Target: Rs 3000
Risk & Reward: 2.5 times
> Bandhan Bank Stock Price
Target: Rs 350
Risk & Reward ratio: