Dilip Buildcon down from 753 to 235 in 6 months. It broke out from the downtrend recently with huge volumes.
Can Enter above 310 (DCB) with SL - 235 (DCB).
Targets - 365,487,595,749
For learning Purpose only.
Targets and Stop loss are mentioned in the chart itself.
This is my idea, please use your own discretion before using it. I am not SEBI registered.
Thank you,
Purus
If you look at the downtrend, everytime it tries to cross or breakout above 20EMA it falls back
Observe the SuperTrend was always in selling when the stock was trying to breakout above 20EMA
This time the breakout is different, it is above 20EMA, above SuperTrend and the strong body candle
Stop loss could be median of the breakout candle or the low of the...
Dilip Buildcon Limited, incorporated in 2006, is presently in the business of development of infrastructure facilities on Engineering Procurement and Construction basis (EPC) and undertakes contracts from various Government and other parties and special purpose vehicles promoted by the Company.
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...
Hola,
I started weekly SIP & continue the same till 15-03-2022 in demand area.
My Exit Rule : 700 or 15-03-2023 (whatever comes first I will exit)
Key Takeaways:
1) Infrastructure & Construction Area Company
2) YOY increase in Revenue
3)One of top 5 Richest person in Asia is interest in this company.
4)Strong Management & Orderbook
Technical :
1) Oversold...
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
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.
DISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publish this
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
