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Kuldeep_Share
Jun 5, 2021 9:44 AM

DOLAT : Multi Year Breakout Potential Long

Description

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.

Comment

In Last Trading Session 61.30 made low and saved my Stop Loss

Comment

Target 1 done, Exit 33% Position from 100% Trade Value

Trade closed: target reached

ALL Targets done, Exit from capital and Hold Profit Lifetime
Comments
amitpandya197196
target 2 achived. what next//?????
Kuldeep_Share
@amitpandya197196, Trail sl 100
Stockoholic_PearlCity
can you update the analysis as on date plz
Kuldeep_Share
@Stockoholic_PearlCity, SL and Targets same to same ... DOLAT trade idea is active
Stockoholic_PearlCity
@Kuldeep_Share, how about for a short or swing?
Kuldeep_Share
@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...
Stockoholic_PearlCity
@Kuldeep_Share, Ok, Thank you!

So, can we say it is not a very good pick for short or swing
Kuldeep_Share
@Stockoholic_PearlCity, as per your perception, you can decide.. else Market has its own language
Kuldeep_Share
@Stockoholic_PearlCity, ??? koi sakk in my research ??? :)
veejayke
Nice pick Kuldeep bhai. Company fundamentals also strong.
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