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DCB Bank BO at 214 Jun 06, 2019
DCB BANK LTD
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DCB Bank BO at 214 Jun 06, 2019
By cherrypicks
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Jun 6, 2019
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Hi All,
Finally some time back DCB bank gave a breakout at 214 now trading at 239 also its life time high.
The business has been growing at 15-20% per year.
The 200 DMA of the stock was at 146 when it took the support.
In my opinion the stock should move another 40-45Rs from here before facing some correction.
Happy investing.
priceactionanalysis
Support and Resistance
cherrypicks
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