DevanNaayar

DB Corp- Support Broken

NSE:DBCORP   D B CORP LTD
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 .




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.