Darvas boxNot the accurate of Darvas box but a close resemblance to a textbook idea of DArvas. Some good volume today after the month of June. Sl for trader can be 4% below cost or 2450 on closing basis.
Darvasbox
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
ZOMATO - Darvas Box Breakout Retest + 2 Inside Bars
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 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
AJANTA SOYA - Box BreakoutRiding the Breakout.
Nothing much to explain in this basic price action analysis.
Box Breakout in UBLConsider 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
ASIANTILES - RectangleRectangle 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.
ADVANCED ENZYMES - RectangleRectangle 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.
BIRLA SOFT BOXXXXX OFFICESEE CHART
TGT 477
stop loss according to ur risk appetite
darvas box beautiful and clean
ERIS LIFESCIENCES - Darvas BoxRiding the breakout from the Darvas Box.
Hopefully it closes above 735 for a valid breakout,
AXIS BANK - TriangleTriangle 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.
