MULTIBAGGER 2023---DB CORPMULTIBAGGER 2023 -- MONTHLY CHART SETUP --DB CORP
1. DB CORP seen Bullush monthly chart setup at current level so as pick potential multibagger year 2023
2. Monthly Resistance breakout seen on chart above 120 level
3. currenly trading at upper channel
4. Golden cross 44,200 hma seen since
Key stats
Market capitalization
17.354BINR
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
11.34
Basic EPS (TTM)
8.61INR
About D B CORP LTD
ISIN
INE950I01011
Sector
Consumer Services
Industry
Publishing: Newspapers
Website
bhaskarnet.com
CEO
Gyan Gupta
Headquarters
Bhopal
Employees
8.315K
Founded
1995
DB Corp. Ltd. engages in the business of publishing newspapers, radio broadcasting, event management, internet, and energy. It operates through the following segments: Printing/Publishing & Allied Business and Radio. The Printing/Publishing & Allied Business segment includes newspaper, magazines, printing job work, internet and mobile interactive services. The Radio segment offers broadcasting of Radio. The company was founded on October 27, 1995 and is headquartered in Bhopal, India.
DB CORP -- INTRADAY SETUP 03/03/2023DB CORP --INTRADAY SETUP --HOURLY CHART --03/03/2023
1. DB CORP seen trading upper channel after correction on hourly chart
2. Double bottom formation seen above 95 level .
3. last hourly candle is trend reversal doji after bearish heikin ashi candle
4. channel support taken before doji candle
DBCORP --INTRADAY SETUP -- 23/02/2023DBCORP -INTRADAY SETUP -- 23/02/2023 --HOURLY CHART
1. Stock trading at lower channel at hourly chart ,
2. AT 98,25 level double bottom seen on hourly chart last closing session .
3. stock seen near lower channel breakout level last closing hourly candle
4. INTRADAY BUY CAN INITIATE above 99.
DB CORP --UPDATE --HOURLY CHART --FOR 13/02/2023
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 CLOSI
DB Corp- Support Broken DB Corp Ltd is from publishing sector engaged in the sale of newspaper & magazines and advertisement revenue having moderate fundamentals. Recent result is not so good .Volume breakout happened on September 2022 and breaks its 52 week high . Recent support was at 105 level and broken that level last
DB CORP -- INTRADAY SETUP 03/02/2023DB CORP --15 MIN CHART --INTRADAY SETUP- 03/02/2023
1. DB CORP on 15 min chart , RSI seen at near oversold level , trend reversal is possible from current level .
2. Last 15 min candle hammer candle , if next 15 candle form as heikin ashi doji then will be sign of trend reversal .
3.BUY above 110
DB Corp about to breakoutIn weekly chart DBCORP is going to crossovers. 50EMA is going to crossovers 200EMA from below.this is golden crossover. It is a positive for the stock.if it moved above it and trade 140.then one can initiate buy positions with sl b3low 200EMA line.
In daily chart golden crossover already happen
DB corp base formation and likely to breakout.DB corp has been in consolidation phase after downtrend. The stock is hovering near the breakout level or the resistence level for quite a while and might head for a breakout. One can take long position keeping the trendline as sl. If the trendline breaks then the stock might remain sideways before
128.40 need to sustain for 2 days for next up moveWe need to wait for price 128.40 need to sustain about 2 days then we can enter fresh buy in this.
Target - recent high 156
Resistance Breakout in DBCORP DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades (high momentum stocks) at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is
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