DALBHARAT trade ideas
Dalmia Bharat forming a good BO with volume#Dalmiabharat CMP 1680 good BO after forming bottom near 1225 and 200 WMA
Can be taken with 1500 as SL for 1750/1850/2050
DALBHARAT SHORT TRADE (INTRADAY OCT 17)DALBHARAT has formed ascending triangle in 15 min , now after breakout it could go downside . Thank you !
Cup and Handle + Retest on DALBHARATCup and Handle + confirmation on DALBHARAT daily chart. SL below support line
TP1: 1876
TP2: 2017
TP3: 2198
TP4: 2368
SL: 1536
11 Months Down Trend Broken in Dalmia BharatWhy Bullish ?
Reasons -
1 . 11 months Long Consolidation (Down Trend ) with recent high at 1642 Breakout is Seen In The Graph Shared .
2 . The graph has reversed from 60 percent reversal level on Fibbonachi support at 1223 (Most trustable reversal support ) and Rsi Pattern Breakout Is Also Visible In The Graph .
3 . Retest of the breakout zone on the trend line made is also done successfully - Backing the change of trend and breakout theory.
4 . 200 Moving Average on Daily chart is also broken as visible in the chart .
Since 11 months long consolidation is broken - High probability of reaching at least highs mentioned in the graph .
Best in terms of LONG TERM.
I hope it gave you some perspective .
Warm Request - Kindly Comment If Anyone Find This Information Helpful Or Anyone Who Takes Position In This After Reading This Article .Why Bullish ?
DALMIA BHARAT - Inverse H&SEntry: 1718
Stop loss: 1632 (Closing Basis)
Target : 2015
Notes:
Inverse H&S pattern retest
Cement stocks in momentum
Reverse head and Shoulder PatternI found this perfect Reverse Head and Shoulder pattern at DALBHARAT.
Having formed good Volumes at Breakout level keeps this stock more interesting to post.
For BTST Trades, keep 1% - 2% profit.
For Short term please consider the levels mentioned on the chart.
Please consider these ideas for educational purpose.
Broken the ascending triangle with good volumeBroken the ascending triangle with good volume. if sustain the levels today, could see a good breakout
Dalmia Bharat - Inverse Head & Shoulder PatternInverse H&S pattern on weekly chart with good risk reward trade.
Timeframe - 3-6 months.
Dalmia Bharat - Target 2550Perfect Fib retracement at 0.61 on weekly basis.
Break out successfull.
One can add here with SL as 1530 on weekly closing basis.
RR is 10:50
Inverse Head n ShoulderInverse head and shoulder pattern in Dalmia bharat
Breakout with good volume
Sign of reversal
Long DALMIA BHARATBuy @ CMP Target 1900+ SL 1475
Triangle breakout in daily chart and also cement price hike supporting this breakout.
RSI (near 79) and MACD crossing zero both looks bullish.
Educational Purpose.
Dalbharat Long (08 Sep)Dalbharat Long (08 Sep)
RSI-65
Breakout retest with strong volumes
Buy at CMP- 1640
SL- 1560
Target- 1798, 1940
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Charts and views are only for educational purpose.
DALMIA BHARAT - Breakout TradeDALMIA BHARAT showing good breakout
CMP 1660
Possible target 2000
Stop loss level 1530
Dalbharat fib levels for swing trade (learning purpose)
* For best results, always let the hourly candle close above the entry point.
* 2 rupees minus the 3rd target is safe to book profit as the 3rd target would always face selling pressure.
* If the price makes it to a comfortable hourly close above third target, we can aim for the 4th target as well.
* We may also trail our stoploss while the price moves forward to secure our capital and profits.
YR 2022 Idea #110: Long on DALBHARATThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
buy trade in Dalmia - stockedge white marabouDalmia bharat has made inside candle pattern in weekly timeframe.... here we can trade in buy direction ,because It has broken the downward trend-line in upward direction...
RISK TO REWARD RATIO : 1:4.5
TAKE PROFIT : 2412
STOPLOSS : 1510
ENTRY :1666
Inverse Head and Shoulder Pattern BreakoutThis is Weekly Timeframe.
Dalmia Bharat Ltd stock have given breakout today from downtrend and
from inverse head and shoulder pattern which is formed at lower levels of this trend.
Today's volume is highest in last two months.
It consolidated near resistance for last few days, shown sustainability, which is helpful to begin upmove.
So by seeing today's volume and consolidation near short term resistance and breakout, there is high chance of bullish movement.
This post is for information purpose only.
DALBHARATNSE:DALBHARAT
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
