RK_Charts

DCB BANK LTD

Long
NSE:DCBBANK   DCB BANK LTD
This stock has been formed like rounding bottom chart pattern and done breakout with good intensity of volume in weekly chart, along with many more positive signs aligned with same bias in Macd, Rsi, Dmi adx, Bollinger band etc. This whole scenario is suggesting that this stock could be an investment pick, all the key levels are mentioned in chart with Stop-loss and Targets.

Breakout with good intensity of volume in daily

Breakout with good intensity of volume in weekly

Dmi adx also positive

RK momentum positive

Macd in daily positive crossover and Uptick and also above zero

Macd in weekly positive crossover and Uptick and also above zero line

Rsi in daily above 60 uptick

Rsi in weekly uptick and above 60

Weekly BBC along with trendline breakout

Daily BBC

Most traders treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you....!

Disclaimer
I am not sebi registered analyst
My studies are for Educational purpose only
Please consult your Financial advisor before trading or investing
I am not responsible for any kind of profit or loss




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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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.