Get started
jimitshah24

IPO base break and base on base formation

Long
DCX SYSTEMS LTD (NSE:DCXINDIA)  
jimitshah24  
NSE:DCXINDIA   DCX SYSTEMS LTD
Trend Analysis Chart Patterns Fundamental Analysis longsetup longterm Technical Analysis fundamental-analysis cupandhandlepattern breakout basebreakout ipobreakout IPO
1
0
trendanalysis chartpattern fundamental longsetup longterm technicalanalysis fundamental-analysis cupandhandlepattern breakout basebreakout ipobreakout ipo
The stock has been trading in a range since the last few months between 330-390 after breaking the IPO base
Company has issued a QIP at 341rs/share for 500cr and has a pending order book of 1000+cr and a new order worth 457cr and 16cr
a range break of 330-390 on the upside can take the stock up to 880 levels
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.