aks85

Diwali Special: DCW- Pennant Breakout-Low Risk Buy Setup

Long
DCW (NSE:DCW)  
NSE:DCW   DCW
124 views
1
As seen that the DCW has given a Pennant pattern breakout on daily chart a few days back, after which the price has revisited to test the breakout levels and gone down a bit further, giving us the perfect low risk entry.
The stock is bullish in larger time frame also.

Expected Levels: 40 ,45,48
Exit levels: 34.30
Trade active: Entry levels 37. Stock closed at 35.7. SL safe till now.
Comment: A close below 34.30, would be my exit.

Comments

Yes its very bullish as per charts,
Has the potential to move to 50

+1 Reply
aks85 Suniel
Rightly said Sunielji , the way it is performing 50 should come.
Reply
*low risk high reward trade.
Reply
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