Dhani is a stock which has crashed in the past few years and I am not a big fan of trading in such stocks.
However, the stock is looking technically attractive for minimum target of 60 and above.
Reason:-Trendlune breakout with higher high, higher low formation wit a positive RSI divergence
Try to enter at around 35 with an SL below 26 DCB.
This is an high...
Dhani Services
Cmp - 177
Stop - 150 on DCB
Expectation -
T1 - 390
T2 - Open, Review at 390
Expected Holding Period - 180 trading days or earlier for T1
View:- Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
DHANI is currently trading in channel and recently made a higher low, so we will try to trade for the higher high by initiating a long trade above @ 184 with StopLoss @ 155.
Dhani Services, moving in consolidation, and below very strong resistance, if it breaks above 185, it will move like crazy, so enter above 185 with SL below 183.
