The stock has given a weekly close above 16 (blue horizontal line) for the first time after over 20 months.
The stock is also on course to breakout above the resistance trendline (red trendline) which is over 2 years old.
The move is accompanied by decent volumes and should most likely lead to higher prices in the short to medium term
Buy Dhanlaxmi Bank with...
#Dhanalakshmi Bank looks very much interesting in its weekly Chart
VERY VERY VERY HIGH RISK stock... only for those who has STRONG HEART :)
#Enjoyinvesting
Daily and weekly indicators showing bullish signals and monthly indicators also showing positive momentum. These will helps to reach the given target levels. Breakout also done.
Vijayaraghavan.K,
Kovilpatti
