DLINKINDIA trade ideas
Swing trade: momentum buy resistance breakout donecan buy for swing above 166.
can add in dips till 155
keep sl below 150 hourly candle close.
upside resistance marked on chart which will work as target.
D-Link - 5yr Breakout with massive volumesMCap - 580 Cr.
The stock has been in a range for the last 5 years, and it has shown exceptional volume action in the last 5 weeks. We can see a volume cluster forming with all time high volumes. The breakout candle is huge and closed decisively. Could easily give 50% returns in the coming few weeks.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
DLINK INDIA Cup and Handle FormationDlink broken out of flag structure and looks promising.
Volume is on the rise and pattern is taking shape of CUP.
Cup is usually followed by handle which moves 0.382 Fibonacci levels.
Handle may or may not form depends on how much strength stock shows when going near Cup high.
Stock targets are usually calculated on CUP height which come around 450 from current all time high 251.
Can ride with 137 stop loss with entry near 160.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
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DLINKIt has given breakout from trendline and cup and handle pattern after retracement. Buy above 144 tgt 8 to 10% SL 130. For educational purpose only. Kindly contact your financial advisor before entering any trade.
watch for resistance breakoutbuy above 155 in intraday and swing
for swing trade wait for 15 min candle close (only for swing)
and for stoploss use it according to your risk.
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
D-LINK (INDIA) BIG MOVE IN ACCUMULATION MODE [SLEEPING GIANT]D Link India can show a big move or stock can boom anytime. Charts Show that it is in a accumulation time with huge all time high volumes. 3 Rounding Bottom Formations which together form a big Rounding bottom pattern. This pattern is formed after a bullish uptrend from 40 levels and clearly in consolidation. Stocks like Smartlink have runaway significantly so i think this stock will also follow.
D-Link - Five year breakout on the horizonD-link has completed its 5 year time cycle i.e. from June 2016 to June 2021. As fall started in June 2016 which lead to its low of Rs. 49. Now, it has started the up trend backed by volumes growth and this is expected to take it first retracement level of 50% which is around 143 and than 180 levels.
Buy d-link with one year time horizon and can earn around 50% profit from this investment.
DLINK BULLISH SETUPD Link looks positive as it is have a strong support near 98 level. One can add this stock for a short term purpose.
Entry- 98- 99
Target- 107-114
Stoploss- 95.8 Closing Basis
DLINKINDIAThere is reduction in volatility by 68% and also reduction in volume. Stock is already in good uptrend and sellers are getting weaker. Seems good buying opportunity at 119 level with SL of 111.
Stock is forming round bottomStock looks a good buy at cmp. stock is forming round bottom in daily chart. expecting to touch 140 and 150+ lvls in coming months.
Chart for educational propose only
DLINKINDIAStock has touched Gap Resistance.
Staying above 143 or closing above this the Stock will become very Bullish and will create new High and More.
Sl can be close below 133.50 on closing.
D-Link - Ready to take off !!DLINK is ready to make the breakout form the Double Bottom Range. One can go LONG here.
D-LinkShaping itself into a very good candidate. A close tomorrow anywhere above 125 odd levels can see the stock reach 145 odd levels in the immediate short term!
Mid term Stock:: D-LINK After make High, then time consuming for re-enter, so accumulate for mid term, If resistance breakout continue position for long term.
Levels are:
R1 R2 R3 R4 R5 R6 R7
125 129 134 140 144 150 159
S1 S2 S3 S4 S5 S6 S7
113 110 104 98 95 89 79
Cheers!
