#DBREALTY
CMP ₹.206.6
Date : 28/11/23
1) A turn around company with loss to profit
making.Weak but improving fundamentals .
Highest recovery of stock value from 52 week low.
2) Recently promoters sold nearly 3% stake
with them to clear the entire debt.
3) Hopefully a smooth ride can be
enjoyed for the coming days
Disclaimer : Post only for...
Stock Name - D B Realty Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 164
#This is not Buy and Sell recommendation to any one. This is for education...
Stock: DBREALTY
Timeframe: Daily chart
Current Price: 134
Channel Breakout Level: 136
Trade Overview:
In this trade idea, we'll analyze DBREALTY, a stock that is poised for a potential breakout of a 2-year channel pattern on the daily chart. The presence of a strong bullish volume surge, coupled with a bullish outlook for the real estate market, enhances the...
BUY - DB REALTY LTD
CMP - Rs. 90
Target - 1: Rs. 160
Target - 2: Rs. 245
.
.
Technical Analysis - Cup and Handle Pattern
.
.
Fundamentals -
1) DB Realty, founded in 2007, is a Mumbai-based real estate company that operates in the residential, commercial, and hospitality sectors. The company has developed several high-end residential and commercial properties...
This stock has formed a pattern called Double Bottom, providing a target price for the intermediate-term in the range of 87-89.
The price recently crossed above its moving average signaling a new uptrend has been established.
It appears that the price of DBRealty has reached a low point and then rebounded, indicating a potential reversal of its downward trend...
A clear cup and flag formation can be seen in the weekly charts of DB RELTY. IT IS THEN FOLLOWED BY A GOOD BREAKOUT WITH GREAT VOLUMES!!! (OPEN CHART OF DETAILED VIEW)
A retrace can be seen till the level of 25 (dotted line). Bullishness is seen in the stock!!
LEVELS:
Entry: CMP
Target 1: 34
Target 2: 41
Target 2: 51
STOP LOSS: 19-20
TRAIL STOP LOSS
RSI in...
