Darvas Box Concept

The Darvas Box Concept represent a range of price action where significant buying or selling pressure is observed. A rectangle Box can be created on the Technical Chart (Line Chart is preferable) by connecting the highs and lows of price movements over a period. We need to check the stock price to see if it breaks out of the box, either above the top (for Buy positions) or below the bottom (for Sell positions). We can enter a trade (buy or sell) when the price breaks out of the box on either side and set a stop-loss order just outside the box boundary. Use the box height as a guide for setting the Target or Profit taking levels. Generally we should add the positions as per the direction of trend.

is showing the same breakout on darvas box.