Long DCB Bank
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.
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.