DB Corp- Support Broken
DB Corp Ltd is from publishing sector engaged in the sale of newspaper & magazines and advertisement revenue having moderate fundamentals. Recent result is not so good .Volume breakout happened on September 2022 and breaks its 52 week high . Recent support was at 105 level and broken that level last weak. Expecting a steep down trend now for a short term . Immediate support is at 70-75 levels. Eventhough promorters have more than 70% stake , they are decreasing their holding QoQ .
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