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DCB Bank - Investment View.Moving In Upward Channel.
Approaching Support Zone of Channel.
Risk Reward Favourable.
Investment View For Educational Purpose Only.
Other Details Mentioned In Chart.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI registered Financial Advisor.
Happy Diwali.
DCB Bank BullishWeekly Supertrend in the green = Long Term Trend Up
Daily William%R bouncing from oversold zone = Short Term Pullback Over
Stock taking support at Trendline and near 50% Fibonacci Level = Demand Zone
Bullish Engulfing Candlestick Pattern = Strong reversal sign
Buy with a stop at Rs.189.50 for a target of Rs.213 and above