Keshav2329

DB REALTY LONG

Long
NSE:DBREALTY   DB REALTY LTD
A clear cup and flag formation can be seen in the weekly charts of DB RELTY. IT IS THEN FOLLOWED BY A GOOD BREAKOUT WITH GREAT VOLUMES!!! (OPEN CHART OF DETAILED VIEW)

A retrace can be seen till the level of 25 (dotted line). Bullishness is seen in the stock!!

LEVELS:

Entry: CMP
Target 1: 34
Target 2: 41
Target 2: 51

STOP LOSS: 19-20
TRAIL STOP LOSS

RSI in momentum zone
MACD just gave a crossover
MA CROSS started showing bullish phase

Risk-Reward Ratio FAVORABLE

I would recommend going long on DB REALTY for a swing trade at prescribed levels

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THANKS


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