The stock has given a weekly close above 16 (blue horizontal line) for the first time after over 20 months. The stock is also on course to breakout above the resistance trendline (red trendline) which is over 2 years old. The move is accompanied by decent volumes and should most likely lead to higher prices in the short to medium term Buy Dhanlaxmi Bank with...
#Dhanalakshmi Bank looks very much interesting in its weekly Chart VERY VERY VERY HIGH RISK stock... only for those who has STRONG HEART :) #Enjoyinvesting
Daily and weekly indicators showing bullish signals and monthly indicators also showing positive momentum. These will helps to reach the given target levels. Breakout also done. Vijayaraghavan.K, Kovilpatti
Be cautious, its a downtrending stock. only risky traders enter into this. Please enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries. Kindly support my views. Thanks
Dhanlaxmi bank is on resistance if the break can see a massive rally
BUY FOR LONG 23 30 CMP 17 WITH SUPPORT OF 10-11
dhanbank looking good for long-term perspective . and one can look for a short-term trade also short term entry:- 26 1tgt :- 31.98 2tgt :- 34.87 long term entry:- 26 accumulate after test of 31.98 on pullback around 28 area 2nd accumulation area around 34-36 long term target:- 55 ( 75% position closing area )
Stock is giving breakout with healthy volumes