Dynpro Rectangle pattern with VCPDynpro formed a rectangle pattern
Breakout is awaited, Breakout area 440 445.
If stock broke out and sustain above breakout then rectangle pattern target may seen on the chart.
Recent price action also form higher low, means sellers are not able to push price below previous swing low and buyers absorb selling pressure.
Disclaimer:
Chart shared here is for educational purpose only.
No any buy or sell recommendation given on stock.
Trade ideas
TREND REVERSAL IN DYNEMIC PRODUCTS LTD"Dynemic Products Ltd." is about to change it's overall structure on monthly basis (bullish). In near time, we can see it touching it's ATH and also, making a new lifetime high. This is going to be a mid-to-long term swing trade.
Wait for a strong breakout on weekly basis for entry and volume should be a vital parameter to look for during breakout. The low of the breakout candle should be the stop loss. Target 1 (494) is calculated according to price action (previous swing high), and Target 2 is calculated using the XABCD Pattern of Harmonics. So, please do keep this stock in your watchlist.
DYNPRO, vcp above 400Dynpro can give a good move above 400, as this stock is forming a rounded bottom pattern in higher timeframe which is a good sign.
swing targets are 500, 550 with strict sl of 355 on daily close.
In case our sl got hunt, keep this stock on radar, it can again form a vcp pattern.
DYNPRO --- accumulating for 40% to 50% gains in coming monthNSE:DYNPRO
one can research this setup for potential 40%-50% gains
cmp is 362
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
Buy Today Sell Tomorrow: DYNPRO for more than 5%Below: LOOK AT PAST PERFORMANCE TO BUILD CONVICTION
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA






















