Hi, in this chart i found a Good Demand Level in DCAL,
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
DCAL : - The stock has given a breakout after 5 years. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the...
Date : 02-03-2024
Buy DCAL above 283
Target of 316, 350, 419, 504, 590
SL 175
Strategy : SBO + RSI > 60 + EMA above 20, 50 & 200
Cup and Handle Pattern in Monthly Time Frame
Duration few weeks to Months
Please consult your financial advisor before investing
All research for educational purposes only.
Stock is ready to cross past barriers with good volumes
AKSHARCHEM i have discussed yeaterday gave 18%+ momentum ..Other upcoming stocks on radar
1)EKC: The stock is making higher lows,gave good breakout and following channel pattern
2)DCAL: The stock is trying to come out of the range after 2018.Gave breakout from pattern and channel.
your views are highly appreciated .No calls , no tips only chart analysis
DCAL- 8 ka funda 100>200 fOR bIG tARGETS
Days = 90 , gap = 1.05, range = 0.35
1) RAnge breakout possible
2) EArlier N8Q detected
3) Darvas Box Breakout possible
Chart -> Dishman Carbogen Daily
A cup and handle breakout with a huge volume bar!
CMP: 155.50
Good Range To Buy: 150 to 155
Targets: 170, 183, 198
SL: 137 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Dishman Carbogen Amicis Limited.
Company have shown the good growth from last year.
have the good potential with small market cap.
Today form the Breakout with Good Volume.
Form Ascending Traingle Pattern on Daily TF Chart.
Note.
This only for study purpose not SELL & BUY recommendation make ur own analays before investing.
The structure is shifting to the upside after 4 months of consolidation.
Breaking out of the Cup with a shallow handle, taking the shape of a bull flag on LTF.
Good volume expansion.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
DCAL Can be Long tern Buy based on the Weekly charts. Have broken weekly down trendline & now back in uptrend.
Can give 50-60% ROI from current levels in next 6-8 months. Trading much below its book value of 300+
A stock which could turn the corner amazingly.
If it can do anything similar to its last quarter result.
I plan to but 50% above 130 and then again above 145.
Stoploss after the first buy of 119 and after the pyramid of 135.
Stock Name - Dishman Carbogen Amcis Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 147
#This is not Buy and Sell recommendation to any one. This is for...
