DCB Bank - Channel Support.Channel Support.
Trend Line Support.
EMA Support.
Risk Reward Favourable.
Other Details Mentioned in Chart.
I am not SEBI Registered Financial Advisor.
DCBBANK trade ideas
DCB BankDCB Bank near a strong Trend line Resistance.
Keep an eye, Awaiting Breakout.
Targets and SL Later.
EW analysis of DCB Bank in longer time frameEW analysis shows that sub wave 5 of sub wave (3) of wave is going on here.
probable tgt of wave 5 is 245 - 255.
long term tgts can be 290 then 370.
DCB - LONGDCB has given a symmetrical triangle breakout today. Trade is active for the targets and SL as shown in the chart
#DCBBANK - Breakout above 193DCBBANK is consolidating in a narrow range is all set for upward breakout above 193.
DCBBANK - Symmetrical triangle - BO AwaitedDCBBANK is making symmetrical triangle pattern, upon break out we shall decide trading plan. Keep it in watch list
DCB Bank - Trend endsDCB closing below my SL. Been a small trend. Bought at INR 60 during March and got my exit today.
DCB Bank - Symetrical Triangle Scrip can see reversal owing to
1) %william near oversold situation
2) Good fundamentals - Share accumulation by investors due to good YoY results - DCB Bank Q1FY18 standalone net profit rises 38.7% yoy
www.indiainfoline.com
After breakout confirmation, Bullish run expected beyond 52-week high Resistance (C)
Support can be taken as per chart
DCB Bank - Buy SetupDCB Bank has been in a strong uptrend and after a correction it has taken a support at 6 month trend line in the daily chart. It is good buy at CMP with a target of 212 and a stop loss of 191.
27 Jun 2017 :: DCB BANK :: Price Alert26 jun 2017 : Price Alert
"Closely watch"
DCB Bank has been showing divergence 1hr, 4hr, and weekly time frame, here two possibilities:
- Near term if take support HL and reverse back till HH or made new high
- Near term break HL and not sustainable then it will hit approx 150-110
Levels: 110-143-185-193-210+
Note: This is educational purpose, Buy sell it's your choice.
Sellers Awaiting!DCB bank Has broken the channel as well as Trendline, and has initiated the Downtrend. We can enter at the pull Back to the Resistance.
Losing the Momentum!Price tends to be loosing the momentum to the upside. while RSI is diverging and the price is resisting from hitting the top surface of the channel.
Indicating a reversal After an Impulse Move and likely to correct towards 190.
Enter at break of the channel or by looking at the price action for good entry. If Channel is broken to the upside, Trade will get void.
Bullish
DCB bank should be set above 190 & trade towards Target 210.
One should keep Stop Loss at 180.
For target 210 , time period not more than 20 session.
Have a look!! on DCB Bank perfect for shorting...DCB Bank is getting prepared for making a good triangle break....
and RSI Negative divergance is a good indication...
One should get ready to sell DCB Bank below 190
with the targets of 185/180/170 and SL 195
Note: This Idea is published before also but haven't mentioned negative divergance
Do your own study before making any position...
Please Like, Follow and Comment your views below...
DCB Bank is getting ready for triangle breakout...DCB Bank is getting prepared for making a good triangle breakout....
One should get ready to sell DCB Bank below 197
with the targets of 185/180/170 and SL 195
Note: Do your own study before making any position...
Please Like, Follow and Comment your views below...
DCB BullishLast year has been very bullish for this bank. And last month was a boom boom with a breakout in the lat week. First target can be set at closest high of 168 and second target? let it just go and we shall see it booming.(unless it makes a double-top and reflects)
dcb bank range expansion soon stock is in uptrend
now trading narrow with in a small range
can expect a range expansion soon towards 193/195/200 if the stock trades above 184.5
70% returns in 3 months - Opportunity for a short correctionDCB Bank has eclipsed its all time high that it reached back in late 2007 when the GFC unfolded.
The stock gave a return of 70% in the last 3 months alone to its rewarding shareholders with many expecting for it to go even higher from here.
3 Months back one can argue that the stock might be undervalued but the rate of increase at this pace would have made most of them surprised.
This seems like a good opportunity to short the stock considering the good run majority of the banks have had in the last one year since the 2015 onslaught.
DCB bankLast year has been very bullish for this bank. And last month was a boom boom with a breakout in the lat week. First target can be set at closest high of 168 and second target? let it just go and we shall see it booming.(unless it makes a double-top and reflects)
