Tyrant

Dalmia Bharat : Since 2013 up by 3700%, Now Ready to correct 50%

Tyrant Updated   
NSE:DALMIABHA   None
Dalimia Bharat ltd Gave a super Return in last 5 years, Price rallied almost 3700% apx from low of 89 in 2013. Now it's Ready to Correct 50% form It's Peak.

This Counter Already Started underperforming in December 2017 & January 2018 When Markets were Touching All time Highs.

Loooking at Current Structure it is very much likely that it can correct more form this levels.

50% Correction From Its pick is visible, well i hope it isn't too much correction for a stock which rallied 3700% in Previous 5 year cycle.

It Just A View. And i love to go wrong.. Again & Again.. :)
Comment: Made a low @ 2574. Waiting for 2100 Levels..

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.