SHILPAMED recently has given breakout. Now it is dancing in a box of 604-695. So, one can go long/accumulate in the range of 605-626 with stoploss on day closing basis(DCB) of 603 for the target of 695 which will give a superb risk reward ratio.
Positional long in NATCO PHARMA on the basis of Darvas box strategy. On July 10 this stock moved into a new box of breaking its range of 806 and on July 11 it formed the top of box which is 866. So, our strategy is to accumulate in range of 806-820 for target of 866 with stoploss of 805 DCB.