Good Buy SetupPoints in favor 1. daily chart- After 4 drives , took support and went up to 20 MA then retraced to 61.2 FIB on 30th May 2024, made hammer , RSI 40 Support 2. 1 hour showing bullish diversion with range shift. 3 monthly RSI 40 support SL if monthly RSI goes below 40Longby ARVIND69Updated 2
D A L B H A R A TDALBHARAT FUT made ascending triangle pattern on an hourly charts with decent OI. Could be bought above its support turned multiple resistance level of 2017. With mentioned stoploss & target. Risk:Reward Ratio is almost 1:4Longby TORTOISE_MSUpdated 1
D A L B H A R A TDALBHARAT FUT is on the verge of breaking out of descending triangle as well as consolidation on an hourly chart with decent OI. Could be bought above 1975 with mentioned stoploss & target.Longby TORTOISE_MSUpdated 0
DALBHARAT has formed the Rising Wedge & is ready to break down.The stock has formed the Rising Wedge Pattern with declining volumes on it's Daily Chart & is very likely to breakdown. Go SHORT in June Futures on 11-06-2023 @ around Rs.2120-2140 levels. Stoploss at Rs.2155. Target at Rs.1950/- RRR = more than 9:1 in 12 to 15 Trading Sessions.Shortby SaifHussainN0
#DALBHARAT POSSIBLE TO BUY#DALBHARAT trading 1305 formed bullish pattern, Today trading our retracement level, we can buy above 1314 and tgt 1345-55 SL: LIVELongby SkandhaTrading1