Dravas Box Trading:Apollo Tyre,Crompton Greaves and BPCL

By | September 15, 2014 7:00 am
6 Comments

Apollo Tyre

Apollo

Closing below 206 short term target comes @ 199 and 193.

Buy above 209.1 Tgt 211.6,213.4 and 216 SL 207

Sell below 206 Tgt 204.7,202 and 199 SL 207

 

BPCL

BPCL

Close below 675 gives short term target of 665 and 644.

Buy above 685 Tgt 689,695 and 700 SL 683

Sell below 680 Tgt 678.5,674 and 667 SL 683

Crompton Greaves

Crompton Greaves

Close below 220 stock is heading back to 212.

Buy above 223.5 Tgt 226,228 and 232 SL 221.5

Sell below 220 Tgt 217.8,214 and 212 SL 221.5

 

How to trade Intraday and Positional Calls — Click on this link

 

Performance sheet for Intraday and Positional is updated for August Month, Intraday Profit of 2.57 Lakh  and Positional Profit of 1.93 Lakh

http://tradingsystemperformance.blogspot.in/

http://positionalcallsperformance.blogspot.in/

 

  • All prices relate to the NSE Spot
  • Calls are based on the previous trading day’s price activity.
  • The 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.

6 thoughts on “Dravas Box Trading:Apollo Tyre,Crompton Greaves and BPCL”

    1. Bramesh Post author

      This is what the sheet says Holding for target of 212 with SL of 220 on closing basis

      Today it achieved the target also

      Reply ↓
      1. Rahul

        Intraday Sheet says profit booked of 2.2 points ie Rs 4400. When i see the charts that signal was never triggered… Plzz clarify….Thanks for quick reply…

        Reply ↓
        1. Bramesh Post author

          Dear Rahul,

          Low was 214 so how come target did not come? Please understand these are cash levels not futures.

          Rgds,
          Bramesh

          Reply ↓
          1. Rahul

            Thanks Bramesh for the quick reply. I have access to Futures chart. On that i see that price opened at 218.55 and went lower. So first it went lower and then it reached 220. Also, i am assuming there will be very less difference in futures and cash price.

            I recently came across your site. It is very educational. I am trying to dummy trade your calls.

            Regards,

            Rahul

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