Darvas Box Trading Set Up

Reliance

Positional Traders can use the below mentioned levels
Close above 1254 Target 1280/1300
Intraday Traders can use the below mentioned levels
Buy above 1254 Tgt 1261,1269 and 1278 SL 1248
Sell below 1241 Tgt 1236,1225 and 1210 SL 1248

Chola Finance

Positional  Traders can use the below mentioned levels
Close above 272 Target 281
Intraday Traders can use the below mentioned levels
Buy above 272 Tgt 276,279 and 281 SL 270
Sell below 266 Tgt 264,262 and 259 SL 269

Havells

Positional  Traders can use the below mentioned levels
Close above 680 Target 699/710
Intraday Traders can use the below mentioned levels
Buy above 680 Tgt 688,697and 710 SL 675
Sell below 672 Tgt 666,600 and 653 SL 677

  • 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.