SEPT 2019: For the upcoming long festive season, I couldn't help but post a recommendation which would bring smiles to everyone's faces.
DBL (Dilip Buildcon Ltd)
Buy Range: 350 - 410
Sell Target: 700
Stop Loss: N/A
Timeframe: 6-8 months
Mint the money. When it is done, be sure to thank me! :)
Buy Dilip Builcon only in dip around 432-428 with stop loss below 416 for target 462-476
RSI has crossed above 30 line with MA cross over signal to the positive side
CCI has given + MA crossover.
Volume are good on crossover
Likely candidate for mean reversion.
sl is 385
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.