Market_beat3r

Bull Flag Breakout in Dewan Housing Fin

Long
NSE:DHFL   DEWAN HOUSING FIN
-Stock moved up considerably with huge volumes.
-Consolidated in a bull flag pattern with light volume on red days.
-Broke out of bull flag pattern with a bullish divergence on Stochastic .
-Stock in a strong uptrend and should move higher after the recent breather.
-A potential cup & handle formation may also be on the cards here.

Not an investment advice. Do your own due diligence.

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