Dravas Box Analysis for Swing Trading

Axis Bank

Positional  Traders can use the below mentioned levels

Close below 695 Target 677
Intraday Traders can use the below mentioned levels
Buy above 702 Tgt 708, 716 and 725 SL 698
Sell below 695 Tgt 689, 683 and 677 SL 700

Muthoot Finance

Positional  Traders can use the below mentioned levels

Close below 685 Target 666
Intraday Traders can use the below mentioned levels
Buy above 691 Tgt 696, 702 and 709 SL 687
Sell below 685 Tgt 679, 672 and 666 SL 689

Colgate

Positional  Traders can use the below mentioned levels

Close above 1555 Target 1600
Intraday Traders can use the below mentioned levels
Buy above 1555 Tgt 1566, 1580 and 1600 SL 1545
Sell below 1536 Tgt 1520, 1500 and 1485 SL 1545

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.