buy between - 101 to 105 Target - 125, 130 SL - 95
Stock is moving in a channel. It has given Rounding Bottom breakout inside the channel. We can expect price movement up to 110 in the near term, also the target of 124 in Mid Term time frame.
this time I found a break out with heavy volume of db corp.. now the first possible target is mentioned which is not a strong resistance zone!!!!!!! it also framed an ascending triangular pattern look. and the whole sector once again is in boom. I find it a good opportunity disclaimer :- this is my personal analysation and it is not any buy sell recommendation
Db corp on a weekly timeframe looks good for upside. It has been on a downtrend and seems to be forming an inverted head and shoulder pattern. Once it sustains above 100 levels, we can see good upside up to 160 and further levels (in fact much higher than 160). Please note I’m not a registered analyst. Please analyse your self before investing
NSE:DBCORP shall rise for sometime but i still have my doubts on it. I see it going down again possibly starting next year(2022 onwards)
DBCorp recently gave a BO above 92 levels and moved quickly to 105, now retest done yesterday. Should start further move :)
Currently at 100. Would go long now with SL of 78
The media co owns DAINAK BHASKAR. It has given reversal signals in higher time frame suggesting 120 & then 175 as possible targets as long as it does not breach 85. It has minor resistance near 100. This is a medium term outlook based on weekly and monthly time frame
ADD ON DIPS TILL 77 SL 72 Expecting good up move ..
Db Corp has broken out of its post crash consolidation by clearly crossing the resistence line at 89 with fairly high volumes. As long as the stock stays above 90, we can expect higher levels in the short term. The 50 % Fibonacci price retracement level comes to 102 odd. This matches a short term price resistance level on the chart at 104. Otoh, the 78.6 %...
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