Stock is continously in downtrend because earlier on 31st December raid on the Dilip Buildcon office ended with the arrest of three company executives. Raids were related to a bribery case in the NHAI contract.
Dilip Buildcon received a letter of acceptance (LOA) on 28 February 2022 from National Highways Authority of India (NHAI) for a new Hybrid Annuity Mode...
1. Cup & Handle Pattern.
2. Triangle Breakout and retest.
3. Hammer Candle on 21 DEMA and Support Line.
4. Volume Increase on Price Up Move and Decreasing on Pullback.
5. Strong Close above Weekly Support Line.
