Oberoi reality case studyDarvas box study and price action measured move application on hourly time frame
rsi breakout,,
Lets see whats in store
Darvasbox
Shriram Transport Finance - On the Verge of an ATH breakoutSRTRANSFIN has just attempted a Darvas Box Breakout. However, there is a small hurdle before the stock can blast and that's a potential supply zone that has not been tested yet in the past.. The last time when Price reached this level, it rejected and retraced.. Keep this stock on the watchout and when the specified level is taken out, this stock will be in Blue Sky Zone !
NRB Bearing - Impending breakout of 7yr S/R level
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
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 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Caplin Point - 3mth C&H [R:R 1:5]BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
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 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
CHAMBAL FERTILISER - Ascending Triangle, RectangleAscending Triangle and Rectangle forming on 4H Chart of CHAMBAL FERTILISER. BUY CMP/322.10 -> 340, 350, 360, Support/SL 300, 293, 280, 275-6. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
HDFC BANK - Awaiting a breakout soon.
A Darvas Box formed (good consolidation)
It can also be seen as a Pole Flag.
Moving averages have been supporting the stock well.
MACD crossover has been made.
NTPC Ltd-Darvas Box BreakoutNTPC broke out from Darvas box, wait for a retest to enter into the trade.
Disclaimer:Just for learning purpose
DARVAS BOX BREAKOUT NSE:INDIAGLYCO
INDIAGLYCO has beautifully broke out from a symmetrical triangle pattern in the month of June formed a DARVAS BOX consolidation for almost 88days.
Volume breakout is higher, indicators are turning bullish, yesterday it has formed a long bullish candle and hits a new 52w High. Breaking out from this consolidation box can give another 20% returns with some consolidation.
Things to remember, price can retrace back to support level or it can form a Doji candle before moving up.
Nifty is at all time high level, any furious correction can turn the momentum in this stock as bearish.
Darvas breakout soonExcellent price volume structure. The stock is bound to break the range now.
Keep an eye
darvasa box formationDarvasa box formation in hourly time frame looks convincing stock will give upper levels easily for big move towards 3000 , Do your own research before investing
SIS - Box & TrendlinesSIS is consolidating in the 475-490 range since last 7 Trading sessions with a Rising Trendline. On the Upside - 505, 515, 525 on crossing 490 with Volume . On the Downside - 474-75, 464-65, 447-50. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Engineers India BOEngineers India on a weekly chart is above 20 and 50 EMA, on a daily chart it has crossed the Darvas Box and EMA are moving UP. Volume wise it is double compare to yesterday.
Entry: 79
SL : 5 - 10%
Next Tranche: Post 89
RCF + Madras FertilizerIn both the charts a breakout is being awaited from the min triangle pattern as well as the the long descending trend line.
In both the charts the targets for the inverted Head and Shoulder pattern are still in progress to be achieved.
In both the charts, the breakout will also be a breakout from a Darvas Box.
Butterfly Gandhimati - 4mth Darvas box BO (post 3.5yr BO)
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
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 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
DRREDDY - RectangleRecntagle forning on 45M Chart of DRREDDY'S LABORATARIES. BUY 4811 -> 4890, 5000 Support 4755, 4690, 4660. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
DARVAX BOXAfter a sharp recovery from lows, the stock is consolidating since February. Recently bounced off from 50WEMA. On Daily TF, the short and med term moving averages are in a tight range. Keep in watchlist.
DRC Systems India...Darvas Box visibleDRC Systems India
NSE:DRCSYSTEMS
Cmp - 273
DARVAS Box is clearly identifiable
Keep an eye
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
GALAXYSURF : Darvas box and resistance breakout with Huge VolumeGALAXY has broken out after more than 10 weeks of consolidation! Breakout is support by a good amount of volume. Wait for the price to retrace before entering into trade. This idea is for education purpose and please do your own analysis before you take up any trade. Please don't forget to follow position sizing and risk management. Cheers ! Happy Trading
