Dalmiabharat
Dalmia Bharat Long opportunityNSE:DALBHARAT
Hello All!
Dalmia Bharat has been following the lower trendline since Dec 2020. It's now again at the lower trendline and seems to be trying to reverse. This I believe is a great opportunity to go long.
Besides the pure price action, it's also nearby the 50 day EMA. Along with that, the Reward to Risk ratio is also favorable.
Risky traders may jump right in because the RR ratio is good at this price point. More Risk-averse traders may wait for the stock to break the Resistance zone.
Do let me know your thoughts on this!
*NOT A CALL*
DALMIA Baharat - In a good swing Trade Position - 30 mins NSE:DALBHARAT
Dalmia bharat is looking good for swing trade. Go for Long from here.
LTP - 1969 rs
Entry - 1950-70 rs
SL - 1925 rs
TGT - First -2070 rs / Second- 2170 rs
Please share with your family and friend if you like the idea to go long. This chart is only for educational purpose. Consult with your financial advisor before making any investment.
Happy Investing..
DALMIASUG: Bullish BreakOut PatternThe stock has been following the ascending trend of higher highs and higher lows for a few weeks now.
There is a pattern emerging by looking at the chart, which I have divided in 3 phases.
Each phase is preceded by high volume, followed by consolidation. As soon as the price has touched the trendline, we have observed a spurt in volume and price.
If the history repeats, as we are standing in the current situation, we can very soon expect a breakout to levels of 565.
The stop loss can be maintained at 430, which was the resistance level before the previous breakout.
Supporting technicals:
RSI: 56.7 (ModeratelyBullish but not overbought)
ADX: 30 (Suggesting strong trend)
P.S: This idea is for educational purposes only and should not be construed as an investment advice.
SWING TRADERS - Opportunity KnocksIt's been a sweet ride for Sugar Stocks. Hope some of you took advantage of the rally.
Here is another opportunity for capturing a short and Sweet trade. Long term also looks good - ( Over the last 5 years, market share increased from 2.23% to 3.96%)
I have taken entry for a short term trade at 464
Chart Study - Not a call
Race start in Sugar Sector* Before i had already share balrampurchini before breakout and now all sugar stocks breakout from its liftetime high price . Now find out yours sugar stocks becoz all sugar stocks now ready for fly . Only negative point particularly in this stock is volume is in downtrend i will assume within one to two week volume breakout will happen .
Kindly Let us know if you have any question .
Sweet Buzz in the Sugar StocksSomething is buzzing in sugar stocks, given the formation of BULLISH PENNANT in few of the sugar stocks, seems something sweet is in the offering soon.
However hold on your Horses, before jumping to trade it. All the sugar stocks viz. Dhampur, Dalmia & Uttam have formed Bullish Pennant , however we need to wait for a confirmation , before Buying the Sweetner.
Also check:
Sweet Buzz in the Sugar StocksSomethings buzzing in sugar stocks, given the formation of BULLISH PENNANT in few of the sugar stocks, seems something sweet is in the offering soon.
However hold on your Horses, before jumping to trade it. All the sugar stocks viz. Dhampur, Dalmia & Uttam have formed Bullish Pennant , however we need to wait for a confirmation, before Buying the Sweetner.
#SELL DALMIABHA (Dalmia Bharat Ltd) BELOW 2110INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 15th)
#SELL DALMIABHA (Dalmia Bharat Ltd) BELOW 2110
DALMIABHA: Buy at 2057.55 SL 2015 TGT 2175DALMIABHA has traded more than twice its average volumes on NSE today with consecutive two days of uptrend. Buy DALMIABHA on NSE at 2057.55 with SL of 2015 and Target of 2175
Dalmia Bharath inside this falling channelStock has been following this channel expect this trend to continue over next month until it strongly closes above the channel.
SWING TRADE IN DALMIA BHARAT AUG (FUT)SWING TRADE IN DALMIA BHARAT
AUGUST FUTURES
BUY@2618(ABOVE 2615)
STOP@2600
TARGET@2640
LOT:300
QTY:2
Short DALMIABHA Below 2319Short Below 2319
Target 1 - 2311
Target 2 - 2302
Target 3 - 2288
SL- 2336
*Always Trail SL - A day without loss is a day with Profit, at-least you didn't lose anything! - AY