IIMA_Brat

DCB Bank Long opportunity

Long
NSE:DCBBANK   DCB BANK LTD
A good contender for a +50% return in a year. Reasons are as follows:

1. Covid Fall of DCB Bank has not been supplemented with volume . 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!
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.