Weekly Market Research Report 31-08-19 (Darvas Box)

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The Darvas box is a trend following system. A trend-following system is one

that does not try to anticipate a market move. Another way of saying this is the system is reactive versus predictive.

(Darvas Box Crossover in INFY)


Darvas Box Rules:

  1. A stock is making a new 52-week high.
  2. After the high is set, there are three consecutive days that do not exceed the high.
  3. The new high becomes the top of the box and the breakout point leading to the new high becomes the low of the box.
  4. Buy the break of the box once it exceeds the high by a few points.
  5. Sell the low of the box if it is breached.
  6. Add to your position as it moves into each new box.
  7. Darvas Box Crossover in Use Darvas Box chart from

Chart(Menu) > “Chart – Point & Figure, Kagi, Renko, Darvas”


Head & Shoulders Pattern in GRASIM (Monthly Chart)

Looks Good Above: 680.

Can be: 892, 998 & 1105.

Looks weak below: 680.

Can be: 573,467 & 361.

Used Retracement to draw levels.


Rounding Bottom Pattern in POWERGRID (Weekly Chart)

Looks Good Above: 210.

Can be: 221, 231 & 241.

Looks weak below: 210.

Can be: 190, 180 & 170.

Used Retracement to draw levels.

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