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...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.
BULLISH ON THESE KIND OF SETUPS ! ROUNDING BOTTOM + MULTI YEAR BREAKOUT RETEST EXPECTING TARGETS OF 900+ BY THIS YEAR ITSELF !
A good weekly breakout with volume has put stock in a buy zone. Unless 500 breaks it can give a rally till 1100. Please support the effort & if you feel it deserving, do appreciate it with a Like and following me would only add on to the motivation. I believe in keeping the chart simple for easy interpretation. Kindly express any disagreement & improvements so...
The Chart is self explanatory. Buy and hold for long term and swing trading both. NSE:DCMSHRIRAM
DCM Shriram Ltd At All Time High with good volume.
A clear weekly breakout with good volume, unless 550 levels not broken it can give a good run. Check this blog for more.. stockmaps304 blogspot com
* This stock breakout after a long consolidation ( 05 years ) with extremely high volume and closed above resistance line in weekly chart . That gives more confidence to bullish . Disclaimer - i am holding
buy above 572 in intraday and Swing
buy above 578 keep Sl of 568 in intraday and 550 for Swing Trade
The scrip has given a breakout from the trendline and neckline of IHNS pattern and that too with heavy volume. Now it is facing resistance around 429 levels, once taken out, then it has potential to move towards 482 and above that towards 538. For such simple and highly accurate trade setups see my other charts. Regards
Stock has completed the inverse head and shoulder pattern formation on a weekly chart and is ready to give a breakout if it breaches the current market price. Targets achievable from here will be 660, with a stop-loss of 420.
DCM SHRIRAM READY FOR BREAKOUT IF IT BREAKS 406 AND THEN 430 FOR TARGET 500 . TIME FRAME CAN BE UPTO 3-4 WEEKS, CUP AMD HANDLE PATTERN POSSIBLE. AT THIS TIME PLEASE TRADE WITH SL , SL OF 370