The stock is in uptrend and consolidation for 2 months, it has given a daily breakout out of the consolidation zone.
The stock may be picked up for a quick swing trade at cmp for a target of 5% - 480.
The stock may be picked for a good short term swing between 420-438 for a target of 573 and trailed to swing top. Shall update confirmation further on price...
Overall the stock is near a psychological level. I am waiting for the stock to come to 486 level to get an entry. I have attached two possible path ways for the stock. Overall the fundamentals of the stock are strong. I hve also spotted a double bottom on the monthly with a longer term target of 1350. However, My short term target is attached in the chart. Lets...
After the multiyear down trend finally price out from multiyear supply range with heavy consolidations . High probability this stock price continue its outperformance in near future and previous weekly swing low act as Exit Point .
Dilip Buildcon (DBL): A Deeper Dive Into the Infrastructure Giant 🏗️
Once regarded as a wealth destroyer with a stark 61.19% decline in the past 5 years, Dilip Buildcon Limited (DBL) is now making headway in the Indian infrastructure sector. But, before diving into the details, let's shed some light on the company's background. 📖
Founded in 1987 by Mr. Dilip...
DBL had formed double strike formation , according to this formation we can plan to make position once it closes abv 355 with a strong bullish candle by keeping the SL of that candles low by keeping a little buffer for the trgt of 1:3.
Contact no is = 9082836390
Reason for long
a) The QQE and renko indicator given long after long term wedge and channel formation.
b) channel formation and weekly breakout with volume and price spurt
c) The curren cmp is less than book value and it indicates value buy for long term investment.
d) Howsoever, SL is compulsory below the current week low because, the price that trend to hit...
NSE:DBL has given a very strong reversal indication. We can plan positional buy entry at retest level of 194 with stop loss of 158 (-36 Points Risk). My expected upside target would be 219 (+25), 244 (+50) & 320 (+126).
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Book from start , Target as shown
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Increasing Revenue every quarter for the past 2 quarters
Company with decreasing Promoter pledge
Stock gained more than 20% in one month ,Looking for reversal
Outperformer - Dilip Buildcon up by 20.79% v/s NIFTY 50 up by 6.81% in last 1 month
