DCBBANK trade ideas
DCB BANK:- BUY SETUPDCB Bank retested the support zone third time and held it.
If support breaks then consider my setup bust.
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading.
DCB Bank Pattern Inside PatternDCB Bank is forming pattern inside pattern i.e Head & Shoulder and Rectangle Pattern.
This idea is for education purpose only. dyor
DCB bank analysisDCB is in uptrend and can be accumulated at current levels or wait for a pullback to 90 85 levels
for upside target of 100-105-116-120 levels.
View negated below 85 on closing basis.
DCB BankICICI Sec: Add. TP: 87
This is enticing counter. May reach the target tomorrow itself. But We don't have a good entry bar and the daily channel is too tight.
Watch it go. :(
DCB Bank Long May go Back.I am not a expert here. just learning since 2 years but as per my knowledge DCB Bank may cross 150 in couple of weeks. Fundamental analysis is showing great scope for 150 and may extend to 200 in couple of months.
DCBBANK TRADE PLAN: 29 JUL 20 ONWARDSLevels as mentioned on the chart with awesone R:R ratio ......all the best
Levels as mentioned on the chart
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
Synergistic Pattern: Trend-line + Horizontal resistance + MA 50Levels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
Kindly like & share this pattern. Comment with what do you think.
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Early entry: 74
SL: 71
Target: 84
RR: 3.0
Thank you. Happy Trading!!!
Best Regards,
Dr. Shamraja Nadar,
PhD in Technology.
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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DCB BankThis is not good time for banks. But if anyone looking for investment can invest for horizon at least 3-4 years. Stop loss below 60.
