CIPLA - Darvas Box Breakout in process - Intraday/Short TermThis analysis is purely based on price action and Chart Patterns.
Another Idea of DARVAS BOX breakout is linked in this idea itself. Beginners can check that out for further understanding.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade setup is explained in image itself. Traders can take entry either on pull-back after breakout or on breakout directly.
Targets and SL is shown in image by green & red lines respectively.
Don't chase the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
Darvasbox
BAJAJ-AUTO - Darvas Box - Swing Tradehis analysis is purely based on price action and chart pattern.
Through this analysis, a special strategy of how to trade DARVAS BOX is explained.
For similar case of Darvas Box and more understanding, refer to WIPRO chart - link shared below
Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Traders can also take advantage of this analysis in intraday trades.
Trade Strategy along with logic is explained in image itself.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Feel Free to comment for any query and suggestion.
WIPRO - Darvas Box Breakout & Retesting - short term swingThis analysis is purely based on price action and Chart Patterns.
Through this analysis, a special strategy of how to trade DARVAS BOX is explained.
For similar case, one can refer the 15 minute chart of HEROMOTOCO from 03-Nov to 11-Nov. Similar Darvas Box breakout worked there.
The analysis is on 30min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't chase the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
darvas box breakout on UFO?I like this play as a long term hold and seems to have broken the 27.00 range. Looks like a darvas box breakout on low volume. I would expect a retest of 27.00 as a cool off of the current run, then moving higher again. slightly overbought, but i wouldn't expect it to make a full correction. 27.00 has now become strong support. I would enter at 27.00 and set a 1% SL.
STOCH RSI and RSI are overbought
At top of bollinger band levels
Darvas box breakout in play
BVSN - Testing Darvas Box TheoryThis simple theory takes the emotion out of trading. It's nothing more than an if / then statement. Just paper trading at this point.
CCS - Long - Rectangle Break AboveBreaking out of the rectangle, also fits the ascending wedge pattern with a break above. Will give it a shot and bet on the trend. Positive earnings. Stop set if it falls back into the consolidation range = trend failed.
Wary of extended SP500, but following price as always.
20-Oct-2017 LTG still trending upwards (Weekly)LTG Learning Technologies Group reached a new high at the weekly chart at 63.65.
Next Action : Watch 57 – 63 Price Range
Box 1 : 57 - 63
Box 2 : 46 - 57
Box 3 : 40 - 46
Box 4 : 38 - 40
Box 5 : 29 - 38
Box 6 : 19 - 29
Note: Volume spike at 18-September 2017
Greatland Gold’ breakout 18-Oct-2017 (Daily)GGP has broken out of due the news release of ‘potential new gold sources’. Although my slight concern is however that these are still ‘ potentials’ , keyword lies in ‘ identify’ and ‘ believe’ , in announcements of GGP. So the new gold sources are not fully confirmed.
Announcement:
GGP Identifies multiple gold targets At Ernest Giles Project.
Gervaise Heddle, Chief Executive Officer, commented:
"We believe these results further highlight the potential for the Ernest Giles gold project to be one of most significant gold districts to be identified globally within the last decade. These latest findings have significantly improved our understanding of the prospective geology of the Eastern block.
Source: greatlandgold.com
polaris.brighterir.com
I’ve initially set my entry target a 1.60 but missed that boat, so I’ve entered a test-trade at 1.835
S5 Box : 1.85 - Trail
S4 Box : 1.60 - 1.85
S3 Box : 1.00 - 1.60
S2 Box : 0.90 - 1.00
S1 Box : 0.50 - 0.90
ENTRY : 1.835
DATE : 17-OCT-2017
PLANNED STOP : 1.40-1.60
ATR : 0.0937
N2 : 0.1874