Description The "Combined Box and Squeeze Strategy" is a comprehensive trading script developed for the TradingView platform. It merges two distinct analytical approaches: "The Box Percent Strat" and "Squeeze Box ," offering traders a multifaceted tool for market analysis. Key Features Box Percent Strat: This component of the strategy dynamically adjusts...
Kotak bank chart looks interesting for me, while many private and PSU banks has rallied a little bit, this bank has not moved that much and the price is consolidating is a narrow range. And look at the RSI setup, it is gradually increasing daily which clearly tells you the price is getting ready to breakout soon.
In SIKA always before big movement they trade in sideways few weeks. now again they give breakout Add 380/360 we seen 411/444/477/512+ Note : all views are education purpose only.
India's main index, NIFTY 50, hasn't broken down though these one hour boxes, on a closing basis, since the massive selling on December 21, 2020. A case for long NIFTY continues till the boxes keep getting marked up. It can't be gainsaid that this is a market, in which one should move with Stop losses on a progressive basis.
I am a buyer if it closes above the 5 EMA. Will do a 2ATR stop. Earnings winner. Ascending wedge. HHs, HLs. Piercing $8.71 will give me extra confidence and what I would like to see happen. will place 0.2% of capital at risk as always...
This is a great time to utilize the Darvas Boxes indicator. Sell stop below bottom of box with a SL above top. Containment within the bearish channel is the basis behind entry. Breach of the top of the box will cancel trade. Cheers