Darvas Box Analysis: IndusInd, Bharat Forge, NCC

Indusind Bank

Positional  Traders can use the below mentioned levels

Close above 1363 Target 1407/1444

Intraday Traders can use the below mentioned levels

Buy above 1363 Tgt 1375,1390 and 1407 SL 1350

Sell below 1342 Tgt 1330,1313 and 1296 SL 1355

 

Bharat Forge

Positional  Traders can use the below mentioned levels

Close above 450 Target 463/477

Intraday Traders can use the below mentioned levels

Buy above 450 Tgt 455,460 and 466 SL 445

Sell below 441 Tgt 436,430 and 425 SL 446

 

NCC

Positional  Traders can use the below mentioned levels

Close above 95 Target 99

Intraday Traders can use the below mentioned levels

Buy above 95 Tgt 96.2,97.3 and 98.4 SL 94

Sell below 93 Tgt 92,91 and 90 SL 94

 

Performance sheet for Intraday and Positional is discussed for April Month, Intraday Profit of 2.16 Lakh  and Positional Profit of 3.34 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.

  • 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.