DCMSHRIRAM Long (04 Aug)
Trading above all moving averages, rising volume
Buy at CMP- 1030
Target- 1105, 1165
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DCM Shriram on the verge of breakout above 1200.
If gives closing above 1200 in 10 mins candle then can touch 1250 in intraday.
all the levels are mentioned on the chart.
Disclaimer: For educational purpose only.
Follow for daily analysis.
DCM Shriram Ltd - 07.01.2022
The stock is trading @ 998 levels
There is a RESISTANCE Zone @ 1040 levels
The prices are above EMA
There is a RSI overbought in Monthly Chart
Let the prices go above 1045
watch out for the price action
The stock is about to breakout of the pattern and move up towards reaching the previous 52W high and if the trend continues it can cross 1400 levels.
The trade can be initiated if the stock crosses and sustains 1070.
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This is follow-up on DCM Shriram. Can check link to related ideas.
Target 1 achieved. More than 32%. 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...