Darvasbox
HIGH PROBABILITY TRADE SET-UP IN HIMADRI SPECIALITYStock is trading in a zone near the all-time high price, which will most probably be going to act as a supply zone. Also stock has rallied almost 55-60% in one month and we can expect a price correction of 25%. In addition, these RSI values have given a clear divergence. So I'm expecting a fall in price in the coming days. Enter trade if the price closes below 81 with an SL at 86.5 and targets are mentioned on the chart. This is just my observation. Do your own analysis before making any financial decision.
NSE:HSCL
INDHOTEL following Darvas Box TheoryA TATA Group Company, INDIAN HOTEL is moving in Darvas Box. Swing traders keep this on radar because it looks like this stock is ready to break upper range of current Darvas Box and enter into a new one. Multifold increase in volume is clearly seen on the chart since last September. If it breaks upper range then it will be considered as volume accumulation. Add this stock in your watchlist without fail.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #Niftybank NiftyBank from last few session trading in a Zone, between 38000 to 37300.
Also in last trading session, its closed at bottom of Darvas box zone with fib support of 61.8%
So for tomorrow watch for
---if current level broke then will test 37200 levels for gap filling & further to 36900 (50% fib support)
OR
---if move Up and sustains above 37300 levels then it will further move to 37500 to 38000 levels.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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#StockMarket #StockIdeas #StocktoWatch #StockToBuy #ShorttermMANAPPURAM FINANCE
Stock trading in a range/Darvas box
Now seems BO coming, buy above 125 levels
for short term targets of 131/139 levels
In case of GapUp avoid Setup
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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Powerful Electric Pick: POWERGRID ALL TIME HIGH BreakoutYes it is a powerful electric pick, POWER GRID broke ATH today, Closed above Darvas ji ka box. An open above the box could give decent up-move, but don't forget it is also a one of the best bet for long term portfolio in Energy sector. Energy sector is the future.
Power sector stocks are in bull run. Considering company's business portfolio and government policy on mega power project it is a buy for long term portfolio.
For long term SL: 160
A must must buy. NSE:P
FCL: CHEMICAL SECTOR, PERFECT BOX BREAKOUTNSE:FCL
perfect box breakout from darvas ji ka box
CMP 188, near resistance 195, should be weak resistance as it is very old one from 2015. The old the resistance the weaker the resistance
Great Improvement In Fundamentals, Rising Sales Last 7 Quarters, Almost Nil Debt, Roce & Roe Both Above 20, All Margins Increasing.
EPS STRENGTH 71, PRICE STRENGTH 84, BUYER DEMAND 'A', MASTER SCORE 66, GROUP RANK 76 OF 197
CHEMICAL SPECIALITY
Disclosure: Personally Invested Buy Average Price 168
SUPREME PETROCHEM - DARVAS BOX, Breakout Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
LINDEINDIA - Darvas Box Breakout - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
Linde India was analysed previously on 05th Jan as well. Checkout the linked idea to understand better
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
positional trade: watch for 10 year old resistance breakoutbuy above 48 for positional trade
keep stoploss below 38 DCB
target as per range breakout 86 safe side keep 80.
company is not good fundamentally so keep allocation less and not more than 5% of total capital.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
CHALET HOTELS - Box, Triangle & TrendlinesDarvas Box & Triangle with some trendlines shows that CHALET HOTELS can give a decent movement in the comings weeks ahead. Recently, it bounced back from 160, twice. Very Strong support in the 120-130 zone. Consolidating in the 158-196 range since last week of May '21. Upside looks good from hereon CMP/175-180 levels. Above 200 -> 250, 270, 290-295 and a close above 305-310 -> 350. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.