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DHANI

Dhani Services Ltd – Monthly Chart Analysis 📉 Dhani Services Ltd – Monthly Chart Analysis • Price: ₹67.17 • Setup: Attempting recovery after sharp fall from ₹100+ zone • Facing resistance around 66.50–67.50 (20 EMA & previous support turned resistance) • 93.84 – Long-term resistance (possibly 200 EMA) • Support levels: – ₹64.86 (short-term) – ₹50.02 (major swing base & green trend line zone) 📊 Volume: Spiked again recently—watch for follow-through 🕯️ Candle shows buyers attempting to push, but supply overhead is strong 🎯 Game Plan: – Above ₹68: possible upside towards ₹78–80 – Below ₹64: weakness may pull back to ₹56–50 🔁 Wait for strength to confirm. Don’t jump early on weak reversals. #DhaniServices #StockMarketIndia #MonthlyChart #SwingTrading #PriceAction #NSEStocks #TechnicalAnalysis
DLong
by iampatilkishor
DHANI |Rectangle Consolidation Breakout | Daily --- ### 📈 **Breakout Overview:** ✅ **Rectangle Consolidation Breakout** * **Consolidation Range:** ₹49.85 to ₹66.41 * **Breakout above:** ₹66.41 * **Current price:** ₹71.09 (+14.42% move today!) * **Target projection:** ₹82.89–85 zone (based on rectangle height projection). --- ### 📊 **Key Chart Signals:** * **Volume Surge:** Big spike in volume confirms breakout strength. * **RSI:** RSI above 70 (around 80) signals strong momentum. * **Rectangle height move:** Rectangle height (\~₹16.48) added to breakout level projects target around ₹82.89–85. --- ### 🔍 **What’s Next?** * If the breakout sustains above ₹66.41, momentum likely to push price towards ₹82.89–85. * Monitor for potential retest of the breakout zone (₹66–67) which would act as support. * RSI being overbought (\~80) suggests possible minor pullback or consolidation before moving higher. --- ### 💡 **Key Takeaway:** DHANI has **successfully broken out** of a long consolidation zone, with **volume and momentum** supporting further upside towards **₹82.89–85**.
DLong
by DailyCharts03
Dhani BO: Ready for Its Next Rally After 80% Correction?NSE:DHANI Breakout: Is This Med/Fin Tech Stock Ready for Its Next Rally After 80% Correction? Price Action Overview: - Stock has undergone a significant correction from highs of ₹109.88 to lows of ₹47.05, representing nearly a 57% decline - Currently trading at ₹71.09 with recent bullish momentum showing +14.42% gains - Price action suggests a potential bottoming process after prolonged consolidation Volume Spread Analysis: - Significant volume spikes observed during major price movements - Recent breakout accompanied by above-average volume (4.22M vs average 30.03M) - Volume concentration during earnings announcements (marked 'E' on the chart) indicates institutional participation - Higher volume during recent uptick suggests renewed interest Key Technical Levels: Support Levels: - Primary Support: ₹50-52 zone (previous consolidation area) - Secondary Support: ₹47.05 (absolute low) - Immediate Support: ₹62-65 (recent breakout zone) Resistance Levels: - Immediate Resistance: ₹82.71 (marked horizontal level) - Major Resistance: ₹96.79-₹109.88 (previous highs zone) - Intermediate Resistance: ₹75-78 (previous resistance turned support) Base Formation: - Extended consolidation base formed between ₹50-₹68 over 4-5 months - Classic rectangle/range-bound pattern with multiple tests of support and resistance - Recent breakout from the upper boundary of this base suggests the completion of the accumulation phase. Technical Patterns: - Descending triangle pattern from February to April 2025 - Internal Flag & Pole Breakout - Recent breakout from the consolidation rectangle - Potential inverse head and shoulders formation on smaller timeframes - Rising volume during breakout confirms pattern validity Trade Setup: Entry Strategy: - Primary Entry: ₹68-₹70 (on pullback to breakout level) - Aggressive Entry: Current levels ₹71-₹72 (momentum play) - Conservative Entry: ₹65-₹67 (retest of breakout zone) Exit Levels: - Target 1: ₹82-₹85 (immediate resistance zone) - Risk: Reward 1:2 - Target 2: ₹95-₹98 (major resistance area) - Risk: Reward 1:3.5 - Target 3: ₹110-₹115 (previous highs extension) - Risk: Reward 1:4.5 Stop Loss: - Conservative Stop: ₹62 (below recent consolidation) - Aggressive Stop: ₹58 (below key support cluster) - Trailing Stop: Implement an 8-10% trailing stop after the first target achievement Position Sizing: - Risk per trade: Maximum 2% of portfolio - Position size calculation: Portfolio value × 2% ÷ (Entry price - Stop loss) - For ₹1,00,000 portfolio with ₹70 entry and ₹62 stop: Position size = ₹2,000 ÷ ₹8 = 250 shares Risk Management: - Maximum exposure to single stock: 5% of total portfolio - Sector exposure limit: 15% to financial services - Use of stop-loss orders mandatory - Position review after every 10% move in either direction - Risk-reward ratio minimum 1:2 for all trades Sectoral Backdrop: Fintech Sector Overview: - Digital lending sector experiencing regulatory scrutiny, but long-term growth prospects intact - Increasing digital adoption post-pandemic, supporting fintech growth - RBI guidelines on digital lending create compliance costs but also barriers to entry - Consolidation is expected in the sector, favouring established players Industry Trends: - Growing smartphone penetration is driving digital financial services adoption - The government push for financial inclusion through digital means - Rising interest rates are impacting borrowing costs but improving net interest margins - Increasing focus on data analytics and AI-driven lending decisions Fundamental Backdrop: Company Overview: - Dhani Services operates in the digital financial services space - Diversified business model including lending, insurance, and investment services - Strong technology platform enabling scalable operations - Focus on serving underbanked population segments Recent Developments: - Quarterly earnings showing revenue growth trajectory - Management focuses on improving asset quality and reducing NPAs - Strategic partnerships for expanding product offerings - Regulatory compliance improvements undertaken Financial Health Indicators: - Need to monitor debt-to-equity ratios given the lending business nature - Asset quality metrics are crucial for long-term sustainability - Revenue diversification, reducing dependence on single income streams - Technology investments supporting operational efficiency Catalyst Factors: - Potential regulatory clarity on digital lending norms - Expansion of credit underwriting capabilities - Strategic alliances or acquisition opportunities - Improved economic conditions support loan demand Risk Factors: - Regulatory changes in the fintech space - Competition from established banks entering the digital space - Credit risk in unsecured lending segments - Technology and cybersecurity risks - Dependence on external funding for growth capital My Take: This technical setup suggests a potential medium-term opportunity with proper risk management, though investors should monitor both technical levels and fundamental developments closely. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
DLong
by Karanshah137
12
DHANI : Short Term (1-3 Months) #DHANI #breakout #swingtrade #momentumtrade DHANI : Weekly Chart >> Moving Avg Setup >> Trending Setup >> Momentum Stock >> Good Strength & Volumes >> Good Upside Potential Swing Traders can lock 10% profit & keep trailing Best of Setup's can Fail in Current Market Scenario, so Trade Good Setups with Proper Risk Management, position Sizing & logical Stop-loss Rules Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
DLong
by moneyfesttrading
1
Dhani : Breakout Candidate#Dhani #Breakout #Trianglepattern #patterntrading #patternbreakout #momentumtrade Dhani : Weekly (1-3 Months) >> Momentum Trade >> Breakout Soon >> Triangle Pattern >> Good Strength & Volume Build up >> Low Risk High Reward Trade I believe it can move towards 100 Ema (60 Levels) Swing Traders Can lock thier profits at 10% and keep trailing Disclaimer : Charts Shared are for Learning Purpose & not a Trade Recommendation. Consult your Financial Advisor before taking position in it.
DLong
by moneyfesttrading
Will Dhani breakout ???Dhani is at an important stage of breakout : Reasons/Traits : • Gave a huge breakout but with a huge wick • Volumes are very high • Todays close is near to recent lower high • Price above 13/20 and touched 200 EMA • Price near VWAP • High deliveries What can happen next : Scenario 1 : Price sustaining above 215 levels can take it to 240/260/280/300 levels Scenario 2 : Price break down below 195 can take it down to 180/165/155 levels Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you! Please do like and share this idea. Thanks
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by AdhigamaTrading