ALKEM LAB TRADING IN RANGE (DARVAS BOX) FROM LAST 8-9MONTHS ... SEEMS BO GOOD ENTRY IF BREAKS N HOLD THE LEVEL Closing above the range can be a good long opportunity.
Negative Divergence is seen in the weekly chart of Techmahindra. So trade carefully in upcoming days.
All figures on closing basis.
Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the...
Moving along with sector. Approaching ATH. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 -...
Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the...
Buy MCX at cmp and add near 1546 to 1554 retesting area, Stoploss 1500 Target 1648 Study: Darvas Box Breakout and retesting structure
Been under accumulation for 1 year. Finally, good volumes seen near breakout area. Sector is positive too. Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY...
Consolidated for a good 3 weeks, now ready for a breakout (unless market throws up any surprises) Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never...
The entire sector is on the move. The volumes in this scrip are very high. SL: Below Breakout Candle. TGT: Breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in Profit: Sell earlier in the session when...
Exceptional momentum. Didn't even touch the BO level on retracement. Almost cleaned out the bear bar, took out its high and will hopefully close above the body of the bear bar. SL: Below Breakout Candle. TGT: Breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy...
EXCELLENT FIND BY @monkmaxims Agro Chemicals sector is on fire. Most of its stocks are breaking out. SL: Below Breakout Candle. TGT: Breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in Profit: Sell...
Gold futures preparing to come at $1740 - $1750 - $1760 . Day traders must wait for a breakout of the control price line before entering. The uptrend will end whenever the gold spot price breaks strong support.
The chart above indicating a clear uptrend continuation. We may see sideways movement before it hits the top of the rectangle. According to the Darvas box ( rectangular formation ), MCX gold will move upward gently this week. Hence, intraday traders can jump between the range of 45200 - 45300 . Targets: 45560 - 45680 If gold breaks the bottom of the...
Buy Graphite stoploss 490 target 550 Study : Darvas Box Breakout and retest Structure
Stock is trying to get out of Darvas box and testing resistance zone multiple times. If breaks the same tomorrow and sustains for sometime then consider for long
buy above 5280 in intraday or swing keep Sl below 4980 for Swing trade