HDFCLIFE [darvas box break] Darvas Box breakout
1) confirmation stage after done go bearish stock
2) target are opens but .. trade own your risk
I am not a sebi register this only for education purpose .I am not responsible for any loss or profit
3) possibly is if stock go up side this fake breakout and break trendline then again bullish .
Darvasboxbreakout
Darvas Box strategy for JTL INFRAStock is trading near all time high which is perfect for Darvas box strategy.
Stock is in uptrend and body of the last hammer candle closed above 38% which is a bullish sign.
Best buy above 248.
initial target 2:1, after 1:1 trail stoploss to purchasing prize.
stoploss will be below this candle.
High volume breakout is what is important for the trend to sustain.