USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
YES BANK, VODAFONE IDEA LTD, INFIBEAM AVENUES L, JET AIRWAYS INDIA, PC JEWELLER LIMITE, RELIANCE COMM LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
DALMIASUG Buy at 106-107
Risk 11.50% & Reward 30%
RR Ratio 1 : 2.63
Ascending Triangle - Continuation Pattern
With its “flat-topped” shape, the ascending triangle indicates that buyers are more aggressive than sellers. The ascending triangle forms because of a supply of shares available at a fixed price. When the supply depletes, ...
FUNDAMENTAL + TECHNICAL
Wave (5) started
(1) and (4) non overlapping
Pinbar range broken with strength
DALMIASUG:106 Technically weak now, huge volume but doesn’t look like a any accumulation here, it may find support around 92.Fundamentals are improving, like, it improved sales and profit. Debt is reducing.
But it will have all the seasonal distress like all in sugar' industries.
Market Cap.: ₹ 871.02 Cr.
Book Value: ₹ 96.75
Dividend Yield: ...
The stock is testing the 365 day exponential moving average line. One can take a positional long trade once the 145 level is broken targets are as per the fibonacci retracement the final target is 175. Fundamentally strong stock.
Price action could take bullish reversal owing to candlestick as seen from core support levels after prolonged downtrend as seen earlier
RSI also seen to be taking rebound from "oversold" zone
Aiming for short term for Target 1 and 2 thereon after entry confirmation and thereafter, resistance (C) levels
Rest in charts..
DALMIASUG can be added between 183-188 range, and hold with Sl of 175 (on closing basis)
Scrip can take reversal and aim towards 52-week highs if bullish momentum continues as happened in the past post company posting good quarterly results however, subject to Nifty not showing major corrections
Has started to show trend reversal near pivot line
TP = 185,190
stock has very important support zone between 162- 168 , buy with 162 sl for 200+ level.
breaking support can see a fall till 130.