Darvas Box Analysis:Glemark,Reliance,Axis Bank

Glenmark

Positional  Traders can use the below mentioned levels

Close below 493 Target 475

Intraday Traders can use the below mentioned levels

Buy above 499 Tgt 504, 509 and 515 SL 496

Sell below  493 Tgt 489, 485 and 480 SL 496

Reliance


Positional  Traders can use the below mentioned levels

Close below 1975 Target 1900

Intraday Traders can use the below mentioned levels

Buy above 1990 Tgt 2010, 2040 and 2076 SL 1980

Sell below  1975 Tgt 1960, 1940 and 1910 SL 1985

Axis Bank


Positional  Traders can use the below mentioned levels

Close below 651 Target 618

Intraday Traders can use the below mentioned levels

Buy above 666 Tgt 672, 682 and 690 SL 658

Sell below 655 Tgt 648, 642 and 636 SL 661

How to trade Intraday and Positional Stocks Analysis  — Click on this link

Performance sheet for Intraday and Positional is discussed for Dec Month, Intraday Profit of 5.81 Lakh  and Positional Profit of 8.97 Lakh. Please note we do not have any “ADVISORY Service”, I share this sheet to see how the system are performing and money can be made in Stock Market if Trading  Systems are followed with discipline. Performance “Will differ” from trader to trader.

http://tradingsystemperformance.blogspot.in/

http://stockpositionaltrading.blogspot.in/

  • All prices relate to the NSE Spot/Cash Market
  • Calls are based on the previous trading day’s price activity.
  • Intraday call is valid for the next trading session only unless otherwise mentioned.
  • Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.
  • Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

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