High probability Break out possible in DB Reality.If DB Reality break the the level of 284.50 and because of increasing volume form last couple of days we can see a up side move if stock take rejections from the levels of 284.50 avoid it keep DB Reality in your watch list
Comment down your stocks for analysis
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis)
Please consider these ideas for educational purposes.
DBREALTY has give a good breakout of its trendline with high and increasing volumes and risk to reward is also very faverable. ENTRY- at current price , SL- 74.50 , TGT- 120
DB REALITY: Recently make double bottom on daily /Weekly time frame to coming up side.
Best Fresh Entry 68 72 With Stop 64
can go upside 100 124 148+++
Observations -
1. Strong demand to come upside
2. Double bottom on daily chart
3. Double bottom on Weekly chart
4. Making properly XABCD drawing
5. volume also supporting the positive trend development...
I have checked from many times in below priceaction momentum indicator it showing green signal and also the price is compresing from both side and making down side wadge.
Every one can check with their experiance I think its buy will come after 110. It will take more time to come up and settle in uptrend.
no broken highs, just consistently lows and lows. this is what an utterly manipulated dead stock looks like. Save your money and run away from this if already in it keep the hourly stop loss as, market manipulative news fail to bring any more interest. #typical bse stock
Bought in Nov -21 at Rs 8 .After making a high of 32.5 on 14-09-21 went into profit booking/consolidation and today 08-10-21 is again at 32.45 and on a verge of breakout for higher levels of 35/37/40 in 3 to 4 weeks SL of 27
