Kuldeep_Share

DOLAT : Multi Year Breakout Potential

Long
NSE:DOLAT   DOLAT INVESTMENTS LTD
Bullish Mode on:
Dolat cmp 74.20,
Target 1: 83.55,
Target 2 : 118.35++++,
Stop Loss : 60 ( One Day Close Base)
Time Frame : 5 Months approximately as per Technical Analysis Principles


Key Points:
(1) Weekly Rounding Bottom patterns already formed and neckline is being broken,
(2) CMP is on above all Resistance trend lines ,
(3) Selling Volumes absorbs and price closes above all selling big volumes on daily basis,
(4) Fundamentally Heavy Strong,
(5) Multi Year breakout potential, Symmetrical triangle above price is sustaining...ON Monthly, Weekly, Daily Basis ...

Disclaimer : Risk is yours and Reward is too yours totally, I am presenting here my investment idea on basis of educational purpose only.

Comments

can you update the analysis as on date plz
Reply
Kuldeep_Share Stockoholic_PearlCity
@Stockoholic_PearlCity, SL and Targets same to same ... DOLAT trade idea is active
Reply
@Kuldeep_Share, how about for a short or swing?
Reply
Kuldeep_Share Stockoholic_PearlCity
@Stockoholic_PearlCity, This is actually not bonding with time, Technically Bullish , Fundamentally heavy bullish, Sector wise no problem... 5 Months approximately estimation, If you have this, you can build your position... in short or swing if any spike will come it will just perk for Holders...
Reply
@Kuldeep_Share, Ok, Thank you!

So, can we say it is not a very good pick for short or swing
Reply
Kuldeep_Share Stockoholic_PearlCity
@Stockoholic_PearlCity, as per your perception, you can decide.. else Market has its own language
Reply
Nice pick Kuldeep bhai. Company fundamentals also strong.
Reply
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