Steps To Follow -
1- Open The Chart In DTF (Daily Time Frame)
2- Switch To Line Graph To Capture CLOSING PRICE Of Stock
3- Now Take Trend Line From Your TOOLS and Construct A Trend Line (Joinig the CLOSING PRICE of Stock)
4- After Constructing The Trend Line ( SEE ALL POSSIBLE CLOSSING PRICES IN THE CHART )
5- Now Switch to CANDLESTICK CHART
6 Now see where your...
Stock retraced till Fibo 0.5-0.618 level and consolidating near Fibo 0.5 level since November 2021.. can be accumulated for target of 3100/3400.. Range breakout expected soon
"DYNAMATECH CMP: 1992.3
Good Risk reward of 1.55
Buy above : 1992
Stop loss: 1600
Return of 30.52% expected
Pattern: Channel brekout
All levels are mentioned on the chart. Keep an eye."
Two important sma 44 and 200
Things you need to keep in mind:-
1.select stocks where the 44 and 200 ma is rising
2.note the crossover (golden crossover)
3.when it takes the nearest support from the 44 ma after the crossover buy abv that.
SEE IN THEE CHARTS WE CAN EASILY BUY AT 44 MA SUPPORT AFTER THE CROSSOVER AFTER THAT SEE THE UPTREND OF THE STOCK
Good evening Friends, REMEMBER MY WORDS "It can be boom in days to come"
Today we are going to talk about dynamatech. The level to watch is 2150 Remember we are only expressing our opinion on the stock there is no recommendation at al.For detailed analysis watch the video and provide your feedback so that we can improve ourself.
Thank you and Regards.
A live trade was given to our subscribers today above 1800 and the stock rocketted and hit 20% upper circuit. Simple price action techniques can never go wrong :)
NSE:DYNAMATECH
Stick just 200 MA and make cup and handle pattern on weekly chart and Quaterly result good company comes from loss to profit good sign .
stock is trading more than 50% on their lifetime price of aprrox 4000 . good value buy
DYNAMATECH - Atmanirbhar bharat beneficiary. Powerful player in defence. Working on products related to LAKSHYA , HJT-36 and Sukhoi 30 MKI. Above 738 potential till 1300 with few pauses. SL is 625 closing basis. Learn #NimblrTA
The company has released very good quarterly results. Financials are good. The pattern is formed by taking nearly Ten weeks. There is a strong resistance at 600 levels its breakout may give more than 20% returns.
Labels in Red are bearish view. Labels in Green are Bullish view. A contracting triangle in play..either as larger 2nd in green OR b of B of ongoing correction.
Either ways...either c of the B ( red ) OR 3rd of Green should un-ravel once the trendlines are broken on upside.
Stoploss = 2 days closing below 2550.
