DB CORP --UPDATE - HOURLY CHART --FOR 13/02/2023
1. fall seen from 132 sub level from last few days towards 103 level on last closing session .
2. Consolidation on hourly chart 103 to 108 sub level seen .
3. triple bottom seen at bottom of consolidation 103 level consecutively .
4. LAST CLOSING HOURLY CANDLE IS HAMMER CANDLE
5. If this support hold on...
Ginnifila Hourly chart breakout of previous selling zone. Good to buy at 39.65 for target of 43.20 and 48.80 with sl of 37.70 --> Short term .. Daily targets/Hourly Targets.
The analysis is done on hourly TF hence price may take hours to few days in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
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