Search
Products
Community
Markets
News
Brokers
More
IN
Black Friday sale
Up to 70% OFF
Community
/
Ideas
/
DIC India - Stock can either go up or retrace and form C&H
DIC INDIA LTD
DIC India - Stock can either go up or retrace and form C&H
By jain_geetesh
Follow
Follow
Aug 17
4
Aug 17
DIC INDIA - Sector Tailwind and Recent Qtr Results were excellent, Indicating turnaround.
The stock has formed a multi year BASE and there are two possbilities with this stock.
Scenario 1 - If bulls are intact, then the stock will cross 755 in next few session and the stock will see immediate targets of 890/1000/1200 +
Stop Loss - 637. Views invalid below 755
Scenario 2 - The stock may retrace and fall up to 570 levels and form a new base, before kicking up an upward jounery.
Please note : Its all about probability and stock and markets and give any direction to this chart.
Disclaimer : Educational content. Please do your own research.
Beyond Technical Analysis
jain_geetesh
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.