NSE:DFMFOODS
This is trading in a small range from the past 3 months - seems to be some accumulation is going on in this.
In terms of daily delivery % - 20 day avg is at 71.25% and most days it's above 80-85%.
Stock is trading above all averages on Daily, Weekly, and Monthly moving averages.
Add to watchlist - & also add to alert on price breakout of...
Stock Name - DFM Foods Ltd
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 254
#This is not Buy and Sell recommendation to any one. This is for education purpose...
As per the 2 Hour Chart of DFM FOODS, we can see a beautiful Formation of "Bullish Engulfing" on the chart. Therefore, we are expecting a bullish momentum in DFMFOODS in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 304, 313.6, and 320. Whereas, on the other hand, on the downside levels, the...
Chart is self explanatory. Entry, Targets and 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 consult your financial advisor before taking any trade.
