Logic- as we have seen good consolidation in the stock even after a sharp fall in nifty and bank nifty, so once market starts to recover DCB should lead the rally. Stock is trading above breakout levels of 220. Its a buy
SL 214, which is todays low. Targets 225-231-240
Please maintain Stop loss, as market will be volatile and any bad news can triger selling presure as well.
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.