Darvasbox
DRREDDY 4H, DRREDDDY LABS - Dropped from the price and came back to the Original price it has given a breakout with a good volume and came out of its consolidation zone ,currently it is near its 52 week high.A good upmove is intact in DRREDDY LABS. Looking a good stock to participate in Bull rally in coming days.
HCL TECH - DARVAS BOX BREAKOUT SOONAs you see the price it is struck inside the rectangular darvax box pattern as same as Nifty IT index.
Nifty IT index has made breakout the resistance and hit ATH, the same way we are expecting the HCL also break the upper resistance and enter into uncharted territory soon
INFOSYS History to repeat #LONG
INTRADAY SYMMETRIC TRIANGLE FORMED
CMP -1385
ENTRY - 1398
TARGET 1 - 1404.60
TARGET 2 - 1409.00 & 1416
take trade once the candle closes the entry value.
SWING TRADE
DARVAS BOX BREAKOUT FOR LONG IN SUPPORT LEVEL AGAIN
CMP -1385
ENTRY - 1398
TARGET 1 - 1409.60/1426.15
TARGET 2 - 1452
trail the stoploss near T2 for 1500
Breakout alert ahead.
Self explanatory chart.
For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
TITAN : Darvas box breakoutNSE:TITAN was trading inside the range(box) for nearly 6 months and finally broken out with a wide range bullish candle supported by heavy volume.
Note : Before breakout the stock consolidated near resistance for around 6 days(Highlighted in yellow). Hence the stock might continue to rally for another session and then pullback. Always do not chase the price take it on a discount(correction).