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DCBBANK

DCB Bank : Inverse Head & Shoulder Pattern#dcbbank #swingtrade #momentumtradeing #swingtrading #patterntrading DCB Bank : Breakout soon >> Inverse H&S pattern visible >> Good Volume & Strength in stock >> Good Relative Strength Swing Traders can lock 10% profit & keep trailling Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:DCBBANK
by moneyfesttrading
DCB BANK - IN DEPTH ANALYSISBUY - DCB BANK LTD CMP - Rs. 100 Target - 1: Rs. 123 Target - 2: Rs. 140 Target - 3: Rs. 160 . . Technicals - 1) Bullish Flag Pattern (Before Breakout) . . Fundamentals - DCB Bank Limited (NSE:DCBBANK) is a scheduled commercial bank that provides a range of banking and financial services to its customers. The bank operates in India and has a strong presence in the states of Maharashtra, Gujarat, Andhra Pradesh, and Karnataka. 1) Financial Performance: DCB Bank's financial performance has been consistently improving over the past few years. Its revenue grew at a CAGR of 13.6% from FY2017 to FY2021. However, the bank's profitability has been inconsistent, with net profit declining by 22.3% in FY2020 before recovering by 31.8% in FY2021. The bank's Return on Equity (ROE) has also been inconsistent, with a low of 4.2% in FY2020, and a high of 10.5% in FY2019. In Q3FY22, DCB Bank's net profit grew by 41% YoY and NII by 14% YoY. 2) Asset Quality: DCB Bank has maintained a relatively healthy asset quality, with gross non-performing assets (GNPA) ratio of 1.84% and net non-performing assets (NNPA) ratio of 0.54% as of December 31, 2021. The bank has also been proactive in recognizing and providing for bad loans. Its provision coverage ratio (PCR) stood at 83.84% as of December 31, 2021. 3) Capital Adequacy: DCB Bank has maintained a healthy capital adequacy ratio (CAR), which stood at 15.29% as of December 31, 2021. The bank has been raising capital through various means, including QIPs and the issuance of Tier-II bonds, to support its growth plans. 4) Valuation: DCB Bank is currently trading at a price-to-earnings (P/E) ratio of 21.7x, which is higher than the industry average of 16.7x. The bank's price-to-book (P/B) ratio of 1.7x is also higher than the industry average of 1.5x. However, the bank's dividend yield of 1.5% is higher than the industry average of 1.3%. 5) Growth prospects: DCB Bank has been expanding its branch network and digital capabilities to drive growth. The bank has a total of 345 branches and plans to add 20-25 new branches every year. The bank has also been focusing on building its digital capabilities and has launched various initiatives such as mobile banking, internet banking, and digital lending. The bank has set a target of achieving 25% of its total loans through digital channels by FY2024. In conclusion, DCB Bank has maintained healthy asset quality and capital adequacy and has been expanding its branch network and digital capabilities to drive growth. However, the bank's profitability has been inconsistent, and its valuations are higher than the industry average. Investors should keep these factors in mind before making an investment decision in DCB Bank. . . Follow me for more!
NSE:DCBBANKLong
by nilakshgupta
DCBBANKDCBBANK:- Wait for the breakout, plan something only after that, till then keep an eye on 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.
NSE:DCBBANKLong
by AjayDhakad_Keep_it_simple
DCBBANK - Ichimoku Bullish Breakout Stock Name - Dcb Bank 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 122 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:DCBBANKLong
by nikunjbhadja
#DCBBANK CMP111.25 #Target 124.65 #HDFCBANK #ICICIBANK #AXISBANK#DCBBANK NSE: DCBBANK Short Term Quick Profit CMP 111.25 Target : 124.65 SL : 104 Timeframe < 45 Days Factors: Trend Following Inverted Head & Shoulder Pattern. Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:DCBBANKLong
by Rachit_Sethia
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