GMR INFRA CG POWER PRESTIGE Darvas Box Analysis

By | December 18, 2024 8:12 am

GMR INFRA

Positional  Traders can use the below mentioned levels

Close below 84 Target 80

Intraday Traders can use the below mentioned levels

Buy above 86 Tgt 87, 88 and 89 SL 85 

Sell below 84 Tgt 83, 82 and 81 SL 85

CG POWER

Positional  Traders can use the below mentioned levels

Close above 777 Target 800

Intraday Traders can use the below mentioned levels

Buy above 777 Tgt 784, 792 and 800 SL 772

Sell below 767 Tgt 760, 753 and 747 SL 774

 

PRESTIGE

Positional  Traders can use the below mentioned levels

Close below 1850 Target 1800

Intraday Traders can use the below mentioned levels

Buy above 1860 Tgt 1878, 1890 and 1910 SL 1852

Sell below 1850 Tgt 1836, 1822 and 1808   SL 1858

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As always I wish you maximum health and trading success

  • 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.

Wishing you good health and trading success as always.As always, prioritize your health and trade with caution.

As always, it’s essential to closely monitor market movements and make informed decisions based on a well-thought-out trading plan and risk management strategy. Market conditions can change rapidly, and it’s crucial to be adaptable and cautious in your approach.

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