bawasingla

bawasingla

maruti suzuki not looking good for now.. it keep making lower low.. if u look into chart i have drawn 2 channel. the first big rising channel he was ready for 10000 journey but broke the channel and fell into another channel.. i would say dont buy maruti right now wait for confirmation..

bawasingla

motherson sumi can go for 250 plus in short term.. respecting channel one cad add small quantity here and then at bottom of channel around 190 if its comes.. long way to go..

bawasingla Updated 

hikal again at top channel last 2 time its fall whenever it touches top of channel and making lower lows so its interesting to see this time if it breaks it or fall.. on positive side volume is picking up and rsi also in favour .. for uptrend it should break 185 level weekly or monthly and sustain it otherwise we can see major downtrend.. my views is on bullish...

bawasingla

As you can see finally stock able to broke the darvas box with good volume.. now i will wait for 3 days retracement for building up new darvas box.. i will suggest hold and add more quantity after full confirmation of new box..

bawasingla Updated 

ITS MY FIRST ATTEMPT

bawasingla

after 1st breakout with good volume this stock is currently in the range of 90 to 100. u can hold this stock for long and keep stop loss at 80..

bawasingla

After 1st breakout with volume this stock is currently in the range of 90 to 100 for the past 1 month. volume is little bit increasing after 1st breakout.. i will suggest hold this share for long and stop loss between 80..

bawasingla

this is my second attempt on darvas theory.. buy for long and stop loss u can see in trendline.. this is only for education purpose. thank you