The stock has corrected drastically from 212 and consolidated for a period of five year in the range of 8 to 24. Now, it has given a breakout and can give multifold returns. CMP : 30 SL : 17 Target : 44/62/72/125 Stay invested. Kindly note that I am not a SEBI registered analyst. Perform your own analysis before taking any trade
-breakout in monthly + weekly TF -high volume -balancesheet has been improved now fundamentally looking good -my target is 2x
#DHANBANK trading above Resistance of 44 Next Resistance is at 59 Support is at 36 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
The stock has displayed a strong upward trend, showcasing an impressive run before entering a consolidation phase lasting approximately 3 months. Throughout this period, the 50-day Simple Moving Average (SMA) has acted as a robust support level, indicating a solid foundation for potential bullish momentum. Despite two unsuccessful attempts to break out during the...
Symmetrical Triangle Breakout RSI above 70 and rising Trading above EMA50 Volume spurt
Dhanlaxmi Bank on upward move We can see 21.8 levels next and once it cross the 21.8 levels on closing basis Next target is 27.7 , tf 1 year
Here’s a monthly analysis of Dhanlaxmi bank. It is breaking a long-term downtrend with good buying volumes. Looks like a start of a strong uptrend.
The above information does not constitute financial/investment/trading advice or recommendation and it is purely for educational purpose. Please check the comments SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY...
DHANLAXMI BANK moving up. For educational purpose only. Not a Buy/Sell recommendation.
BUY - DHANLAXMI BANK LTD CMP - Rs. 32 Target - 1: Rs. 55 Target - 2: Rs. 77 Target - 3: Rs. 122 . Timeframe - 3 months - 18 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Dhanlaxshmi Bank - Pullback to 20EMA and reversal. For Educational Purpose Only Not a Buy Recommendation
Yes what i wrote in this title absolutely right. DHANBANK or Dhanlaxmi Bank Ltd CMP 17.30 as on 20.06.2023 ABOUT : Dhanlaxmi Bank Ltd was Incorporated in 1927 in Thrissur, Kerala is a publicly held banking company engaged in providing a wide range of banking and financial services including retail banking, corporate banking, and treasury operations with a major...
DHANBANK | Breakout Trading | Swing Trade stock is giving a good breakout but chart i have referred in monthly. So its practical for long term investment
Entry - 30 SL - 20 Target 1 - 45 Target 2 - 80 Target 3 -200 Always do your own analysis before investing your hard earned money.
In NSE:DHANBANK price has just broken a Lower high, which is a signal of up-Trend. Hence expecting a Target between 10% to 25% in this chart
Check for the levels in DHANALAKSHMI BANK. Reversal in Weekly chart . Support at 20 & 17 . Follow the Fibo levels for the targets from here