Rachit_Sethia

#DCBBANK CMP111.25 #Target 124.65 #HDFCBANK #ICICIBANK #AXISBANK

Long
NSE:DCBBANK   DCB BANK LTD
#DCBBANK
NSE: DCBBANK
Short Term Quick Profit
CMP 111.25
Target : 124.65
SL : 104
Timeframe < 45 Days



Factors:
Trend Following
Inverted Head & Shoulder Pattern.
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.

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With 💚 from Rachit Sethia

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