DCM Swing/Positional DCM Prediction for Swing/ Posional Trading
First breakout at entry 1 level.Then gap up opening & moving upward direction. Structure break at 88. This level can be retest.
You can enter into trade above Entry 1 after retest or Entry 2 level (100) daily close basis or CMP according to intraday level. You can buy more at 88 level if there will a bullish signal after retesting the breakout level.
Sls-83,80 or according to you RRR.
Targets- 104,108,112,116,120,125,129,133,137,141,145,149,152,158,…….. (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 DCM –
DCM Ltd. operates as a holding company, which manufactures cotton yarn, other iron, and steel casting and products. It operates through the following business segments: Textiles, Information Technology Services, Real Estate, and Grey Iron Casting. The Textiles segment manufactures yarn. The Information Technology Services segment provides information technology infrastructure service. The Real Estate segment develops real estate properties. The Grey Iron Casting segment manufactures grey iron casting. The company was founded by Lala Shridhar on March 26, 1889 and is headquartered in New Delhi, India.
DCM
DCMshriram weekly breakoutA good weekly breakout with volume has put stock in a buy zone. Unless 500 breaks it can give a rally till 1100.
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Always keep a stop loss to rescue you out of troubles and trail the stop loss as the price rises.
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.