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Grow_YourCapital
Jul 29, 2023 2:46 PM

TORNTPOWER - Darvas Box Pattern - 36% ROI Long

TORRENT POWERNSE

Description

1 – Two years consolidation
2 – Darvas box – Range breakout volume in weekly time frame
3 – Retest & 5 weeks of consolidation after breakout
4 - Continuation breakout confirms uptrend after 5 weeks of consolidation period
5 – Above all EMAs
6 – HH & HL pattern with trend line support

Aggressive entry level – 672
Safe entry level – 646
Stop level – 570 – -11.75% ROI
Target 1 – 790 – 22% ROI
Target 2 – 880 – 36% ROI

All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.

Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation

Trade closed: target reached

All targets achieved and trading above all levels.
Close to 47% ROI.
Comments
Grow_YourCapital
Target 1 790 22% ROI achieved
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