DCM Shriram Limited
Long
Updated

DCMSHRIRAM for 35% (approx..) Potential Gain

434
DCM SHRIRAM is showing Darvas box breakout with decent amount of volume..

b] All data is available in public domain..

CMP : 1300
TG : 1700
SL : 1165
TSL : Below 21 EMA

Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.( To view this click : sedg.in/bhfvqe14 )
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.
Trade closed: stop reached
Note
Trade Active : as we see on chart trade active again on same level... Darvas Box intact..

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