dalbhart is in a channel pattern three support at the bottom two resistance at the top but its currently at the support and i think its great long opportunity.
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
Dalmia Bharat Ltd
Good buy at CMP - 2105
Reversal towards an uptrend :)
1st Target - 2305
2nd Target - 2466
RSI - 45 towards an uptrend
Just Below its 50 Days MA - but it would cross it :)
The stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed near below support zone & the lower trendline. The target is placed near swing high.
✅ POSSIBLE REVERSAL CHART SETUP ⤴️
- High Probability Reversal Candidate.
- Price is at Crucial Support & Previous Breakout Level.
- Price is Making DOJI Candlestick at Support & Breakout Level Which is a Sign of Indecision Between Buyers & Sellers.
- Trade according to your Risk:Reward Ratio.
- Uptrend with Parallel Channel Pattern.
- Price is in Demand...
This stok entering 52 week high zone and shortly break out this range. This stok outperform last 3 month sectorial index and strongly outperform benchmark index. 5 EMA 20 EMA from below in 2 hourly chart. Williams R bullish. ATR increasing from 3 days. Stoch K crossing D from below. Positive DI crossing negative DI from below
Buy this stok for 5 to 15 days.
Stock is doing well on HOURLY chart. As we are seeing growth in CEMENT sector and similar companies posting good numbers too. We are expecting good upside move hereafter in this stock
Buy DALMIA BHARAT
@1140 - 1150
SL 1120
TARGET 1184-1190-1212
Multiple touches marked on the trendline for the reference.
Repeating once again that if a resistance is being tested again and again it becomes weak with every touch.
Along with multiple touches we can now also see that price is sticking to higher levels and it is now creating a triangle as well.
I have marked volumes too which will play an important role in...
Short Term Cash Buy DALBHARAT @820.00-825 SL 798 TGT 872(Bullish breakout post consolidation)
Above VWAP 815 + Pivot 747 and next resistance 842 which it can cross easily as strength indicates + MACD cross over
#Short Term Cash Buy DALBHARAT@ 738 - 740.25 SL 713 TGT 785
#Above VWAP line so bullish view.
#TK cross over on 30 min and hourly chart.
# Supported by the good volume.
