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...
since 2017 it has formed a parallel channel and considering the previous monthly candle are we in good position to say this is the TOP formation?
CMP: 377 - Looks relatively stronger on the chart than the overall market - Needs to clear the gap at 385-395
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...
CMP: 349 Support: 325, 290-295 The stock is currently trading near its previous breakout levels. It can show 400+
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...
DFM FOODS is in brief consolidation and above 300 for a target 315 level. Happy Trading to all. Tomorrow Market will be bullish.
Self Explanatory. My favorite Inverted Head and Shoulder Pattern. Pure Price Action Strategy. No indicator required.
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.