Darvasbox
Keep an eye on Manali PetrochemicalBeautiful consolidation over the last 2.5 months. Making Darvas Box pattern. Good to buy if day candle closes over 90.25.
Buy Kansai Nerolac Buy Kansai Nerolac near 600 Stoploss 575 Target 668
Study: Rangebound / Parallel Structure Breakout & Retest Structure
USHA MARTIN - DarvasBox / Flag BreakoutI am looking to take a risk here, to ride the Breakout. However, keep a very strict stop loss as per your risk appetite if markets turn weak.
GLAND PHARMA - Trendline & RectangleRectangle Breakout on 2H Chart of GLAND PHARMA. BUY above 3220 -> 3300, 3350, 3400, 3450, 3500. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
GUJALKALI Going for 500+After a tight consolidation the stock broke out with one of it's highest single day volume.
Educational idea
Sonata Software LongGet a long position in sonata Software
A beautiful breakout of darvas box
Buy and hold until stoploss hit you will receive a very good return if it make a new
Box wait until that box breck out
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.
IGL - RectangleRectangle Breakout on Daily Chart of IGL. BUY CMP, SL 520CB, Target(s) - 570-75, 595, ATH. Price increase with a Rising Trendline = Strength. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
TECH MAHINDRA - DARVASBOX BREAKOUTSame as the IT index, tech Mahindra also ready to breakout from the 5 months consolidation zone.
keep watching...
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
NIFTY IT - DARVAS BOX BREAKOUTAfter 5 months of consolidation, the IT index has breakout from the box. As Largecap IT is not performing well because they are the heavyweights of the index, now it time to bet on large cap IT giants like HCL tech, TCS, Infosys etc.,
BAYER CROPSCIENCE - Awaiting Breakout Price Action Analysis.
On the larger picture , it is a flag breakout after which it has consolidated for a while.
Usually such breakouts are full of steam. Let us see.
VARUN BEVERAGES- Pattern Inside PatternThe stock is over all riding a Rising Parallel Channel.
Inside that it has been consolidating in a Darvas Box from late 2020.
Inside that, it has formed an Inverted Head and Shoulder pattern to breakout from this consolidation.
Ride the Trend.
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.
Kitex Garments - Long Consolidation PhaseKitex garments is under long time consolidation. Volumes are visible. Breakout anytime possible. Keep watch with TGT - 30-50%; SL- 10-12% ;
Bata Candlestick Interpretation Candlestick Interpretation
After a downtrend ; Bullish Hammer , Bullish Engulfing , Inside bar , accumulation zone are formed as a act of Fibonacci retracement in Daily chart.
Which gave a nice 11.8% profit with 3% stoploss.
JUBILANT INGREVIASelf Explanatory.
As one can see at times there are false spikes, which is why I raised the breakout level to 510 (closing basis) instead of 504-505.
