#DHANBANK trading above Resistance of 44 Next Resistance is at 59 Support is at 36 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
The stock has displayed a strong upward trend, showcasing an impressive run before entering a consolidation phase lasting approximately 3 months. Throughout this period, the 50-day Simple Moving Average (SMA) has acted as a robust support level, indicating a solid foundation for potential bullish momentum. Despite two unsuccessful attempts to break out during the...
#DHANBANK #swingtrade #nse #equity #chartpattern #breakout trading >> Breakot Candidate >> Inverse Head & shoulder pattern >> Good Volumes & Strength in Stock >> Keep trailing after 5-10% Keep liking, sharing & Following for more chart analysis @moneyfesttrading
DHANBANK Daily having trendline breakout with 200 ema support on daily candle. Good to buy at 14.60 for target of 20 with sl below 12
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...