Dishman - Ready for BreakoutPersonally added around 117 yesterday some quantity will add more next week if sustains 128
Target 160 plus in coming weeks.
Stop 101 Closing basis
DCAL trade ideas
DISHMAN CARBOGEN Positional View !!!DCAL : cmp: 108.55
After a significant correction its now in support/accumulation zone.
So good to grab here .
40% ++ return possible within 3 months.
TGT 124.85/135.25/143.7/156.25
positional SL 90.35 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
dcaldcal bounced back nicely from strong support
now looks good for targets mentioned as horizontal red lines
DCAL - BuyStock is breaking out from the trend line with good volume. Buy some here and add more if the stock PB. SL below demand zone and target open.
DISHMAN CARBOGEN EQUITY Levels...08/03/2021 (W Candle)😊DISHMAN CARBOGEN EQUITY Levels...08/03/2021 (W Candle)
Elliot wave Analysis #DCALElliot Wave Theory Applied to the DISHMAN CARBOGEN (DCAL).Most of Elliot principle apply to the current marketplace, but some experience and interpretation is necessary.
The price decline in the 3rd wave of 216.80 addresses the issue: Are there
exceptions to the 21% rule that changes a bull market to a bear market? A 21%
drop from a high of 216.8 is 122.85, very close to the point where prices stopped their
decline and reversed.
Once the price breaks the above channel, we might expect a move till 200 mark. During the subsequent decline, prices attempted to rally.
Overall sentiment looks Neutral for DCAL, one can start accumulating at the current market price for the target of 170 to 200 odd levels in the coming months.
Any of our investment or trades we share on our blog are provided for educational purposes only and do not constitute specific financial, trading or investment advice. The blog is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances.
DishmanStock is technically good only
Buy at 134 or cmp sl 113
Target.1.160
2.170
3.190
Risk reward favourable
Risk is only Rs.20 reward Rs.50
Dcal breakout analysis Dcal is consolidated between range of 135-145 range, its seems a strong consolidated area.
if it is break & sustain the 145 range then the next target should be 150,155. Also, it is near its 50SMA which is near 140-145 range, my analysis say this is the best price to buy the stock for short term profit. FOR safe side put a stop loss on 130.
if Dcal sustain the 165-170 range then wait for 185,195,200,210 targets.
all the above analyses is done by my own perceptive, if anybody have different analysis or any different views on this can also share.
Dishman carbogen - Long term bullish viewVolume spurt in this script and trying to breaking out from resistance trend line, Once broken we can expect a target of 316 in 3 months.
Dishman carbogen - positional long for 200 tgtDaily trend broken with good volumes. Can expect 200 levels in coming days
DCAL LONG for target around 190+CMP 155.......buy at CMP and buy till dips of 149........sl below 148 on day closing basis......risk reward ratio of 1:8...........elliot 5th wave.........ema support also
DCAL Respecting the weekly trend line and a close above 156 on daily charts will propel this stock all the way to 210 levels. More than average value the past weeks.
Not a SEBI advisor. charts are for personal trading purpose
DCALIf it breaks 164 go for long for swing trade. It has given high of 164 with heavy volume on yesterday. The candle yesterday has closed above 50 SMA with heavy volume.
DCAL is ready to breakoutNSE:DCAL Safe players can enter the trade on retracement with strict SL.....
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3. Learn before executing the trade..
4. To learn more about patterns and trading... contact us.. Thanks..
