Dalmia Bharat Sugar Strong Breakout from Symmetrical Triangle
Dalmia Bharat Sugar has successfully broken out from a long-term symmetrical triangle pattern with significant volume, indicating strong buying interest. The stock has rallied above 570, and with the RSI nearing the overbought zone, there is still room for upside momentum. This breakout suggests potential further gains, with the next target near 640. The volume surge supports this bullish trend, and traders should watch for sustained price action above 570 to confirm the rally continuation.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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.