DLINK. Price + Volume + Trend, Ready to rock now!!
DLINK has already given a breakout.
Zig Zag - Shows the continuous up trend for the Stock.
Pivot Points(15 period) - It broke 130 resistance and took support around it after series of high volume days.
Volume - One can easily see the volume breakouts on multiple occasions in recent days. 9th July was a massive one with price and breakout.
I bought 1000 shares@135 and was very bullish due to above factors. Expect another swing till 175 easily. One can look to buy around 156-160 level on Monday and keep a SL of 3%.
Zig Zag - Shows the continuous up trend for the Stock.
Pivot Points(15 period) - It broke 130 resistance and took support around it after series of high volume days.
Volume - One can easily see the volume breakouts on multiple occasions in recent days. 9th July was a massive one with price and breakout.
I bought 1000 shares@135 and was very bullish due to above factors. Expect another swing till 175 easily. One can look to buy around 156-160 level on Monday and keep a SL of 3%.
Comment:
Despite of fall in the Indian Market, this stock isn't impacted and in the accumulation phase. I am very bullish on it.
Comment:
Perfect at buying level and range, getting accumulated before the earning release on 5th August.