GrowMyWealth

Good buying opportunity in DBL

Long
NSE:DBL   DILIP BUILDCON LTD
DBL is making similar pattern like Axis bank-
EMA 20 Daily+weekly support
Daily demand zone
Harmonic pattern
Trend line support
Higher highs formation
Immediate target should be 320, if sustains and break the trend line on the upper side we can see 360 levels.
Company is one of the big player in road construction.
PE is 9.25
Industry PE-14.6
currently undervalued stock.
Trade closed: target reached
Comment: Outperformed