Here, we can see a Swing trade in NSE:DBCORP Buy NSE:DBCORP CMP 295 TP 360 SL 248 DB Corp. Ltd. engages in the business of publishing newspapers, radio broadcasting, event management, internet, and energy. It operates through the following segments: Printing/Publishing & Allied Business and Radio. The Printing/Publishing & Allied Business segment...
Pattern formation Good support and resistance Above all important EMAs Company has decet financials Target lines are according to fib levels.
broke out of a 13 year range and held on to the gains. super bullish in my opinion.
Bullish on Media sector(since the last one to two quarters) One of the best media stocks along with Sandesh looking good for a next leg of rally as it closes above Gann levels and trendline @328
Volume break after 12 years now turn of price to show good momentum. One can keep in radar for 259.60 - 288- 311 -326.05- 334.40 SL 202 DCB CMP 222................. 12 Years Long awaited ...
This is after being down 85% from 350 to 50 Plan - Consider to Buy above 140 - and/ or Rejections near 100 or even 70 PB 1x PE 11x DE 0.1 ROCE 10% DivY 4%
Db Corp give a very good breakout of 1year trend (26aug 20 aug )which make as very bullish in this stick we also see a very good upside in its revenue in recent quarter soo we are bullish in it soo buy it above 94.8 our target 98 100 106 118 Sl 91 For safe investors entry in it at 100 (we say it safe bcz if it crossed 100 level thn it also break the W...
An Ascending triangle is seen in DBCORP, Long entry can be taken here.
D B Corp may touch price levels as mentioned in chart.if any unforeseen events price and time frame may vary.chart for education purposes.
horizontal resistance good green candle script trading in rising channel pattern buy above 98 for first target of 102 T2= 106 T3 =112
DB corp may give breakout from triangle RSI taken support on weekly time frma at 40 Falling wedge broke in higher time frame of 4hr 1hr time frame inverted H&S broke now one ressitance of 0.5 Fib level and main swing high resistance of 104.5 than it may be bullish for longer period of time
DB Corp has to sustain above 92 on a daily closing basis to get further momentum and then might face some resistance at 100/101. Once it is able to hold the fort above 101. We are good to go
DB Corp has moved out of the channel with huge volumes...and looks good to touch 133...targets highlighted by horizontal lines. Dainik Bhaskar is a media and newspaper company with presence in more than 11 states. But is a small cap ( 1709 crores - according to Zerodha), so trade cautiously .
Good channel breakout with volumes and now at re-test level If 105 is successfully re-tested then can go up further. SL should be below swing low at 91-92 level.