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!

Comments

you can check this manipulation in DCB BSE stocks price & volume spread
Reply
Operators are artificially trying to suppress this one! 😂

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. ;)
Reply
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