This analysis is purely based on price action and chart pattern.
The analysis is based on weekly/Daily TF, hence it may take price few weeks to months to reach targets.
The analysis is done in live market. hence it would be preferable if position is made near the end of the day.
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 the WIPR, CIPLA, BAJAJ-AUTO analysis - link shared below
Entry can be made either near the closing price or above the high of today's candle if the price sustains the up-move.
Various targets as per different patterns are shown in analysis as well as image.
check the below image for bull flag pattern as well.
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.
The analysis is based on weekly/Daily TF, hence it may take price few weeks to months to reach targets.
The analysis is done in live market. hence it would be preferable if position is made near the end of the day.
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 the WIPR, CIPLA, BAJAJ-AUTO analysis - link shared below
Entry can be made either near the closing price or above the high of today's candle if the price sustains the up-move.
Various targets as per different patterns are shown in analysis as well as image.
check the below image for bull flag pattern as well.
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.
