Another one of those commodity chemical players who could benefit from the price rise in commodity chemicals. The stock could breakout of its downtrend and diagonal trendline resistance. Long above 45.55. Stoploss below 43.50. I would double my allocation above 48 if and when the AVWAP of this entire downmove can be taken out. (Previous resistance)
Keep on radar, RSI rising, volumes missing though...can go long if there is an increase in volume
going down in channel . will it breakout and go up or again fall down . observe it and guve ur view
Chart is self Explanatory. DCW is retesting the level of 45. Buy around 45 47. Bowl Pattern Formed, DCW will go side ways for a week or so before closing near 52 55 for this month STOP LOSS 40
DCW respecting 61.8% golden ratio. SL can be below 61.8% and resistance can be previous swing high
DCW 1. long time consolidation zone break 2. next all time high target coming soon.............
dcw can be observed for up trend after breaking from pattern and retesting the b.o.l evel as long term .
BIG CUP and HANDLE formed on WEEKLY tf , Once resistance zone is cleared on WEEKLY tf, Stop loss and Target 1 and 2 marked on charts
One of the few stocks with many tail winds. Produce both Caustic Soda + PVR Resins. Could see some tailwinds in the next coming week. If it breaks the box at 44.50 make a small entry and then above 45.50 double up. SL 7% below the buy price.
Forminhg Head & Shoulder Pattern, and if it forms the last leg of right shoulder, the price can drop to 30.15 or else BO can also be seen if it crosses the support zone.
NSE:DCW Today in the beginning of this week it took support from the 38 level range and broke level of 40.50 and closed above it. And the closing was also higher than the last week candle. Volume was also good today. Good to buy for short term.
This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏