REC LIC Housing IOC Darvas Box Analysis

By | January 30, 2024 9:17 pm

REC

Positional  Traders can use the below mentioned levels

Close below 484 Target 444

Intraday Traders can use the below mentioned levels

Buy above 493 Tgt 497, 501  and 505 SL 490 

Sell below 488 Tgt 484, 480 and 476 SL 492

LIC Housing

Positional  Traders can use the below mentioned levels

Close below 610 Target 576

Intraday Traders can use the below mentioned levels

Buy above 620 Tgt 626, 632 and 638 SL 614

Sell below 610 Tgt 603, 596 and 589 SL 615

 

IOC

Positional  Traders can use the below mentioned levels

Close below 144 Target 133

Intraday Traders can use the below mentioned levels

Buy above 148 Tgt 149.5, 151 and 153 SL 146.5

Sell below 146 Tgt 144, 142.5 and 141 SL 147.5

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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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