Engineers 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
In 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.
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...
Recntagle 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.
After 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 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
GALAXY 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
The stock declined after breakout on good volume, only to retest the BO zone. It has made 2 inside bars at the breakout point on very low volume. Likely to pick up from here. Offers very good RR.
Kiri Industries - Monthly Charts - Bullish Anchored VWAPS Caution - SICC hearings and other court related matters may have some impact on the stock price. ** All Capital Market Standard Disclaimers Apply ** Disclosure - Holding
Breakout after a long consolidation Volume spike and then diminishing volumes
Riding the Breakout. Nothing much to explain in this basic price action analysis.
Consider Stop loss on closing basis . Stock continues in uptrend and few days ago it crossed his life time high resistance. after that stock create a good box with great volume action. Its Very good Breakout to play
Rectangle forming on 4H Chart of ASIAN TILES. BUY CMP/193.10 -> 205, 220, 235, 260 Support 182-83, 175-73. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Rectangle forming on 3H Chart of ADVANCED ENZYMES. BUY CMP -> 450, 465-70, 480, 490 Support 418, 410, 405, 400, 395-6. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
SEE CHART TGT 477 stop loss according to ur risk appetite darvas box beautiful and clean
Riding the breakout from the Darvas Box. Hopefully it closes above 735 for a valid breakout,
Triangle forming on Daily Chart of AXISBANK. Trendline has supported and resisted at the respective tops. Needs to cross 757-758 from below. Consolidating on Hourly Chart in the range of 743-757. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.