HDFC AMC - what Nicolas Darvas discussed at length about his box theory.
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How was the trap set in USA Small-Cap index
Russell 2000
It is better if you spend considerable time learning these concepts. https://t.co/caBHOO4Owa
Russell 2000
It is better if you spend considerable time learning these concepts. https://t.co/caBHOO4Owa
TRAPS? In a false breakout, the price breaks out of the range & comes back within the range. A trap is one step ahead, price not only comes back within the range but breaks down in the opposite direction. It traps the initial longs who didn't close their positions
— The_Chartist \U0001f4c8 (@charts_zone) January 22, 2022
Russell 2000 pic.twitter.com/txzjdnStzc
More from Hdfcamc
#HDFCAMC
The price picked up towards crossing the horizontal level of 3290 but couldn't hold up.
Got rejected from the wick at 3365; Now the range of 3290-3365 must be broken to head higher towards 3500+
If it fails to do so; We might just see range-based action.
#StockMarket https://t.co/aRKvpy5Eyl
The price picked up towards crossing the horizontal level of 3290 but couldn't hold up.
Got rejected from the wick at 3365; Now the range of 3290-3365 must be broken to head higher towards 3500+
If it fails to do so; We might just see range-based action.
#StockMarket https://t.co/aRKvpy5Eyl
#HDFCAMC
— Gurleen (@GurleenKaur_19) September 6, 2021
Broken past the negative slope of lower highs. Observing the price structure, even the volumes have started picking up and are an increasing pace.
Going further; The script looks good for heading higher. #StockMarket #StocksInFocus pic.twitter.com/OiVwXGh9ee