1. Covid Fall of DCB Bank has not been supplemented with . Hence, Most of the investors are still holding with conviction of rebound of value.
2. Recently breakout & did a retest on cup pattern
3. Even in the recent Bank Nifty fall of 4.8% (on Feb 26, 2021), DCB showed a good strength by falling just 1.2%.
Disclaimer: Invest as per your own research, This is just for educational purpose!
how I know this ?
-There is artificial 10000 quantity sold by one party & this quantity moves continuously to lower prices to influence others to sell.
- But soon the price comes closer to this price, whole 10,000 quantity disappears without being noted to last transaction in this perticular share.
- let's see what happens to this stock by April end. (I'm predicting a hug jump, once all seller will be gone by selling at this price level.)
let's see how this stock plays out in next 1-2 months. ;)