BPCL Indus Bank I Bulls Housing Darvas Box Analysis

By | January 16, 2024 7:54 am

BPCL

Positional  Traders can use the below mentioned levels

Close below 456 Target 430

Intraday Traders can use the below mentioned levels

Buy above 460 Tgt 464, 468 and 472  SL 457

Sell below 456  Tgt 453, 449 and 445 SL 459

Indusind Bank

Positional  Traders can use the below mentioned levels

Close below 1681 Target 1610

Intraday Traders can use the below mentioned levels

Buy above 1696 Tgt 1710, 1729 and 1743 SL 1689

Sell below 1681 Tgt 1666, 1650 and 1630 SL 1689

 

I BUlls

Positional  Traders can use the below mentioned levels

Close below 216 Target 204

Intraday Traders can use the below mentioned levels

Buy above 222 Tgt 225, 228 and 232 SL 220

Sell below 218 Tgt 216, 212 and 208  SL 220

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  • 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.

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