DCB Bank formed Cup with Handle pattern in Daily Charts, Keep a close watch on Breakout. Up move is expected soon...
DCB Bank CMP - 103 Stop - 85 on DCB Expectation - T1 - 130 T2 - Open, Review at 130 Expected Holding Period - 120 trading days or earlier for T1 Ideas being shared only for educational purpose
NSE:DCBBANK DCB BANK HAS FORMED A NICE FLAG STRUCTURE SINCE DEC ONCE IT BREAKS OUT WILL GIVE HUGE VOLUME ANF MOMENTUM ....
ONCE BULLISH CROSSOVER OCCURS IN STOCHASTICS BULLISH DIVERGENCE WILL BE CONFIRMED AND UPPER CHANNEL LINE IS TARGET A LITTLE LESS THAN THAT AS SHOWN WITH ARROW MAKE SURE LOWER TRENDLINE NOT BROKEN ON CLOSING BASIS IN HOURLY CANDLE
AXIS BANK: After the trendline breakout in July the stock has given a good downward movement & has clearly taken a support around 61.80% Fibo Retracement. I expect this pullback to continue this week & the stock will try to fill the gap. Thus, a pullback upto 700 – 708 range can be expected. But in my view this might be a Dead Cat Bounce (DCB) & soon we might see...