Darvas Box Strategy - Break out Stock - Swing TradeDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:2
Stop loss can be Trail when it make new box / Swing.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
ARVSMART trade ideas
ARVSMART1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge. No other thoughts
4. An edge is nothing more than an indication of a higher probability of one thing happening over another.
5. Every moment in the market is unique.
Arvind SmartSpaces Ltd. Bullish MomentumSeems a good bet for momentum trading
Broke previous resistance, Volume started building
RSI below at 67%
This counter could reach 748, 756 , 761 . Can deploy 10% capital at current price and a dip towards 730 can buy more.
Maintain stop loss of 718 on daily closing basis.
Strength
• Strong Momentum: Price above short, medium and long term moving averages
• Rising Net Cash Flow and Cash from Operating activity
• Company with high TTM EPS Growth
• Strong Annual EPS Growth
• Good quarterly growth in the recent results
• Growth in Net Profit with increasing Profit Margin (QoQ)
• Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
• Company with Low Debt
• Increasing Revenue every quarter for the past 3 quarters
• Increasing profits every quarter for the past 3 quarters
• Annual Net Profits improving for last 2 years
• Book Value per share Improving for last 2 years
• Company with Zero Promoter Pledge
• FII / FPI or Institutions increasing their shareholding
• Near 52 Week High
Weakness
• MFs decreased their shareholding last quarter.
Opportunities
• Positive Breakout Third Resistance ( LTP > R3)
• Highest Recovery from 52 Week Low
• High Volume, High Gain
Threats
• Promoter decreasing their shareholding
• High PE (PE > 40)
www.tradingview.com
View is for Study purpose not from sebi registered research analyst.
ARVSMARTStock name = Arvind Smartspaces Limited.
Daily chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - A
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Arvind SmartSpaceThe stock broke out of the 4-month consolidation with huge volumes towards the end of 2022. Now, it seems to be retesting the breakout post which it is bouncing off the key EMAs.
Going long @317.5 with an SL of 310.
If one is more of a medium-term player, then one can keep a wider SL of 299.
ARVSMART - Breakout after consolidation Long setupAs per price action, you can see clearly it has given a breakout with volume after 5 months of consolidation. So the probability is high to keep momentum and price go up by around 10%. according to my analysis entry should be above @325 and for reward wait to touch 10-15%.
Entry Price:- Above @ 325
Stop Loss:- below @299
Target:- 10-15%
#ARVSMART #DBL #IRB #Cnxinfra #stockstowatch #tradingtips #nifty#ARVSMART
to break all-time high
NSE: ARVSMART
CMP: 276.45
TARGET: 325
SL: 240
RR: >1.5 times
Timeframe: <6M
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
ARVSMART -Arvind Smart Spaces -High Volume Node Area Transition1) Since 17 October 2021 to Till date, if we study on volume profiler, we find the stock near to transition area point.
2) 225 is the decisive area, once it is taken-out decisively, we can expect good transitioning movement.
3) In the 235 area, we may face supply and then may see a pullback to 225 area.
4) We can use the pitchfork, to track the movement and multiple pullback entry opportunities.
Let's see when stock gives transition breakout entry!