Daras Box Analysis for Stocks

Glenmark

Positional  Traders can use the below mentioned levels

Close below 360 Target 348/343
Intraday Traders can use the below mentioned levels
Buy above 370 Tgt 374, 377 and 385  SL 367
Sell below 360 Tgt 356, 352 and 348  SL 363

Reliance

Positional Traders can use the below mentioned levels

Close above 1466 Target 1497
Intraday Traders can use the below mentioned levels
Buy above 1466 Tgt 1478, 1485 and 1497 SL 1459
Sell below 1455 Tgt 1447, 1436 and 1420 SL 1463

DLF

Positional  Traders can use the below mentioned levels

Close above 218 Target 225
Intraday Traders can use the below mentioned levels
Buy above 218 Tgt 219.5, 222  and 225   SL 216
Sell below 215 Tgt 213, 210 and 208  SL 216.5

  • 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.