Darvas Box Breakout at GODFRYPHLP

Darvas Box #Breakout at #GODFRYPHLP (Godfrey Phillips India Ltd) Weekly Chart. Its #Outperformed #Nifty.

BSE: 500163 / NSE : GODFRYPHLP

What Is #Darvas #Box #Theory?
Darvas box theory is a trading strategy developed by Nicolas Darvas that targets stocks using highs and volume as key indicators.

Darvas' trading technique involves buying into stocks that are trading at new highs and drawing a box around the recent highs and lows to establish an entry point and placement of the stop-loss order. A stock is considered to be in a Darvas box when the price action rises above the previous high but falls back to a price not far from that high.

ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)

#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength

DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.