Tools / Stock scanner
Box finder. The current box, and where the last close sits.
Pick any Nifty 500 stock to see its last six months of daily highs and lows with the current box drawn, and a plain statement of where the last close sits against it.
Method described by Nicolas Darvas. Daksh Analytics is not linked to them.
END OF DAY
Pick a stock
You will see its daily highs and lows for about six months, the current box, and where the last close sits.
How the box is drawn. In plain words.
Nicolas Darvas saw a stock moving sideways between a ceiling and a floor as sitting in a box. Here the rule is written out so the box is always drawn the same way:
Top. A day whose high is higher than every high of the 20 sessions before it, and which the next 3 sessions do not exceed. The most recent such day sets the top.
Bottom. After that top, the lowest low that the next 3 sessions do not go under. If the top is too recent, no bottom is confirmed yet and the page says so.
The page then states whether the last close is inside the box, above its top or below its bottom. That is a description of where the price sits. It is not a signal. Prices before an overnight fall by an exact split or bonus ratio are scaled so the chart has no jump; a stock with a jump that no split or bonus explains is not drawn.
To check the wider trend of the same stock, use the Trend Template checker.
For the curious
top day i: high[i] > max(high[i-20..i-1]) and max(high[i+1..i+3]) <= high[i]; the latest such i is used.
bottom day k > i: low[k] <= min(low[k+1..k+3]); the lowest such low is the bottom (needs k+3 within the data).
position: close > top is above; close < bottom is below; otherwise inside.
Important information
- Education only. Not investment advice. Daksh Analytics is not SEBI-registered.
- Prices come from the exchange's daily files for the Nifty 500, worked out by Daksh Analytics after the close. They can contain errors and are not adjusted by the exchange for splits or bonus issues. When a stock's price falls overnight by an exact split or bonus ratio (for example to a half or a fifth) on a day the Nifty barely moved, earlier prices are scaled by that ratio. A one-day fall to about half or less, or a rise of 80% or more, that no split or bonus explains is marked and left out.
- Past results do not predict future results.
See Terms, Privacy and Data sources.
Educational only. Not investment advice. Daksh Analytics is not SEBI-registered. These tools describe past prices and the numbers you type; they cannot know your costs, taxes or how markets will behave.