DEN trade ideas
Den NetworkRounding bottom pattern in den Networks with strong volume from past few days . Target are mark in right hand side go long
DEN NETWORKS - Parallel Channel & TrendlineDen Networks is poised for a breakout on crossing 54 from below with Volume. It'll breakout from the Downward Parallel Channel(since July '20) & the Trendline. Average Trading Volume has increased since the last week of March. Keep an eye on this one. BUY above 54, SL 47-48, Target(s) - 59, 65, 70, 75. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Den Network Cmp 52.65 dated 31.5.2021Den Network Cmp 52.65 dated 31.5.2021
1. Consolidation of Channel breakout above 55.
2. Huge Volume in last 7 days.
3. Debt free company.
Buy for a tgt of 66-72-80 SL 47
It is just a view, pls trade at your own risk.
BULLISH VIEW FOR SHORT TERMNSE:DEN
positive uptrend last few days with confirmation of double bottam pattern breckout
entry, target and stop loss price line are mention on chart
eps increase negative to positive derection last year .
LONG DENEnter in DEN between 45 and 38....wait for reversal with volume on lower TF........ No sl as it was for investment purpose....... Immediate target for swing traders will be around 85,110 and long term above 170 easily......levels are marked........ best buy if goes around 15
DEN NETWORKSDEN NETWORKS HAS MET THE RESISTANCE AT 98.
THE SHARE PRICE IS EXPECTED TO REACH THE LOW SIDE OF 83, IN THE COMING DAYS.
IT IS BETTER TO BOOK PROFITS PARTIALLY, IN CASE ONE WANTS TO HOLD.
DENDen Network on weekly chart.
Accumulate and Buy dips till 100
SL 90
Target 200+ in medium term( 6-12) Months.
den network looks bullish in medium term to long termIn weekly, double bottom formed then breakout happened above neckline, also round bottom formation is in progress,
also candles are pushing the upper BB upward and BB is expanding
with a sl - 93, 1st tgt - 132, 2nd tgt - 168, long term tgt - 229
den looking great for longDen has damn green volume within it.
you can go for long.
1 - high volume observed
2 - cup pattern
3 - accumulation has done up to now
maintain stop loss based your type of long
DEN Networks - Positional BuyStock has formed a small IH&S pattern with a target of 130. SL can be kept at 98. Once resistance of 113-114 is cleared, it can move sharply to the target.
DEN NETWORKS LTDDEN NETWORKS LTD
BUYING ABV :-106
BUYING RANGE:- 106 TO 103
TGT :-125 130 134
SL- 99
Everything mentioned over chart... Not SEBI Registered ...
Views are personal... Consult your investment adviser before making trade....
