Panchalk

Expanding Channel with BO

Long
Panchalk Updated   
NSE:DBCORP   D B CORP LTD
DB Corp has moved out of the channel with huge volumes...and looks good to touch 133...targets highlighted by horizontal lines. Dainik Bhaskar is a media and newspaper company with presence in more than 11 states. But is a small cap ( 1709 crores - according to Zerodha), so trade cautiously .
Comment:
It has fallen back into the channel after showing promise....one can wait and see how it plays out..or sell if you are holding. Volumes are not high of red candles except one, so if you have the stomach wait.
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