DOLATALGO - STOCK GAVE A BREAKOUT & THEN RETRACED TO MA Hi All,
This idea is about Dolat Algotech Ltd
On the weekly chart stock gave a healthy breakout & then retraced to nearest 10 SMA Moving average for few weeks. Now it is ready to move with a gap up weekly opening. Good volumes indicate that price action will continue to move upside
Stock is trading at PE of 15 and is expected to give good results.
Continuous uptrend in sales/profit
About the company:
Dolat Algotech Ltd is a trading cum clearing member of NSE India and carries on the business of securities broking and securities trading.
Happy Investing,
Thanks,
Stock-n-Shine
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Disclaimer: This video is for educational purpose and not a recommendation. The analysis posted here is just our view. Do your own analysis or consult your financial advisor before making any investment decision.
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IRB INFRASTRUCTURE ---TRENDLINE BREAKOUT IRB INFRA - BULLISH - TRENDLINE BREAKOUT DAILY CHART
1. IRB INFRA seen Resistance Breakout Last closing daily candle
2. Trendline breakout seen on chart
3. Bullish upper channel higher high formation
4. MA EMA bullish crossover seen on chart
5. technical indicators bullish
6. RSI daily Chart above 60 MACD bullish
BUY IRB INFRA above 251
TARGET 280-300 ( Short Term- 2 Month)
stop loss 210
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !
HAPPY TRAIDNG !