I have attached my charts here and my analysis on the 2h - I have also analyzed it on the higher time frame to get a bias of the stock. Overall the trend has been shifted to bullish on the Monthly time frame, therefore I am looking for longs. This is one possible trade forming here so be patient and manage risk. No buy sell reco NSE:DEN
DEN Networks Prediction for Swing/ Posional Trading You can enter into trade above Entry level (49) daily close basis . CMP is 47.10 . There is a resistance 48.40-48.70 level. It can again come to 45 level or touch more low. Strong Supports are shown in the chart. Targets- 57,71,94,100,… Intermediate Targets- 51.5,54,60,63,66,69,80,86,92,98,.....
I need to know from experts whether it is at the important resistance? I'm not sure but from the weekly charts it seems like 64 is an important level for Den. Please let me know if I'm right?
Den network 3 yrs old trendline breakout with huge spurt in volumes and debt free company of Reliance Industries Jio network so add for swing target of 78,94,113.
Bullish on DEN Buy above 55+ SL 49.50 Target 100+ Disclaimer -This is not a buy and sell tips it's only for education purpose analysis.we are not responsible for your profit and loss 🙏
Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights...
den networks is at a great place it has recovered from major low if closes above 48.5 firt targets would be 54.8
Strong breakout of resistance area Now price resting on resistance level Other stocks in this sector are also performing well Took 40% position Will add more as it unfolds This is a short term - Medium term bet
In Den Networks Ltd. making a massive falling wedge chart pattern and it gives breakout in some time and the traget is the starting of wedge.Its a good trade opportunity. Disclaimer: I am not SEBI register.This is for educational purposes only.Any risk involved in it is your responsibility
*Den Networks Ltd.* Smaller Ascending Triangle Patter on Monthly Basis Price/Volume Break-Out. Also, Forming Triangle Pattern - Yearly Basis. IF Yearly Trendline Broken - Targets Can be Huge. *Fundamentally Weak Company*: Sales Decline / Profitable Company - though on Decline. Strong TNW though. Nil Debt Levels. Stable High Promoter Holding. Part of RIL Group...
Den Technologies got support again at its 12/11/2019 support level
Most of the indicator has bearish view at this current price level, There is much more probability that stock price would come down to given target level. "Above Idea is for study purpose only, Please consult your financial advisor before taking any position."
please look at that chat you would able to understand... how ever i will notify when that update will come
Den Networks Will start Bullish Run soon..Volume increses.. Support RSI-40
Take your own trading decision, Happy trading sagarokha.
TRIANGULAR BREAKOUT TGT 65-67 . ADD IN MINOR DIPS
Den Networks – 92.90 Looking bullish . One can go for Intraday / Swing trade with the following entry, exit & targets Buy range 93.25 - 93.25 / 85 Stop Loss Target 1 - 97 Target 2 - 100 Target 3 – 105 / 110 Target 4 - 115 - 120 Note: This is my view and for educational purpose only