DBL - Swing trade🌟A huge breakout after a long consolidation around 500 levels
🌟Volume pop during breakout
🌟After a rally till 575/580 levels, stock again consolidates and then gives a trendline breakout
🌟Volume pop during TL breakout
🌟Retest with low volumes
🌟Volume pop during reversal
Looks good to go long!
DBL
DBL - Ichimoku Breakout📈 Stock Name - Dilip Buildcon Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 455.
🚨 Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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Dilip Buildcon- Several hinderances to build its baseCup and handle formation in progress for the targets mentioned in the chart. Need to break the several resistances including parallel channel to reach the desired target. Entering after the C&H breakout is advisable.
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DBL For Swing TradingDBL Prediction for Swing/ Positional Trading
You can enter into trade above 460 close basis or you can entry according to your experience.
Sls- according to you RRR.
Targets- 505,560,590,670,745,825,905,985,1060,…more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About DBL –
Dilip Buildcon Ltd. is a holding company, which engages in the provision of construction business. It operates through the Engineering Procurement and Construction Projects; and Road Infrastructure Maintenance and Toll Operations segments. The Engineering Procurement and Construction Projects segment focuses on construction and development of infrastructure projects. The Road Infrastructure Maintenance and Toll Operations segment covers the maintenance of road infrastructure and toll operations governed by the concession agreements entered with the principals. The company was founded in 1987 and is headquartered in Bhopal, India.
DBLDBL:- wait for the breakout of the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
DBL - CHART SHOWS A CLEAR SUPPORT LEVELDBL - CHART SHOWS A CLEAR SUPPORT LEVEL
I'm already in the trade as the prince is at the support level of all time it it showing a clear upward trend. Weekly closed positively. RSI is showing a strong diversion on daily chart
Please comment your thoughts and analysis.
Plan your trade as per your risk apatite. I'm a stock market learner.
Dilip Buildcon- Bye Bye Corporate Governance, Welcome Value?Dilip Buildcon Limited, incorporated in 2006, is presently in the business of development of infrastructure facilities on Engineering Procurement and Construction basis (EPC) and undertakes contracts from various Government and other parties and special purpose vehicles promoted by the Company.
DBLStock is continously in downtrend because earlier on 31st December raid on the Dilip Buildcon office ended with the arrest of three company executives. Raids were related to a bribery case in the NHAI contract.
Dilip Buildcon received a letter of acceptance (LOA) on 28 February 2022 from National Highways Authority of India (NHAI) for a new Hybrid Annuity Mode (HAM) project in Chhattisgarh.
The 56.70 km-long project is worth Rs 1,255 crore, expected to be completed within a period of 2 years (24 months).
Note: For educational purpose only.
Breakout in Dilip Buildcon...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 1 (12%) achieved in Dilip Buildcon. Target 2 is ON...This is follow-up on Dilip Buildcon. Can check link to related ideas.
Target 1 achieved. More than 12%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
DBL : BullishEvery impulse wave follows some set of rules which we call them as SUTRAS for wave analysis. They are –
1. Wave 2 cannot move beyond the starting level of the wave 1. That means wave 2 never retrace 100 % of the wave 1.
2. Wave 3 is never the shortest one among the wave 1,3 & 5. It does not mean that it has to be the longest one.
3. Wave 4 never intervene into the price territory of the wave 1.
The stock can be considered in its 5th wave at present situation. One should go long on current levels with SL of 580 & look for the targets of 750/850/950