Hii ......this is the chart of DBL on daily time frame .....it was in a downtrend from past couple of months ......but it broke the trendline...back a week ....so it gave a breakout and gave a classy retest ..according to fib levels and 50EMA it has retested the levels accordingly ....and while retesting the volume was decreasing and....... it is good when the...
Inverted head and shoulders on daily. Go long above 735-740 for target of 800-850-900. STOP LOSS 700-650. Investment horizon 7-15-30 days.
Disclaimer : The above idea is for education purpose only. Investing in stocks is subject to market risk, please consult financial advisor before investing.
This is my first Idea to be published and this is based completely on technical analysis of weekly/monthly candle charts. And Dilip Buildcon's chart has formed a cup and handle pattern. Analysis this with its 44 days Simple Moving Average and 200 days SMA on closing price, the chart looks stron to go till 1260 or more in coming 8 to 10 months.
This is purely my...
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
This is follow-up on Dilip Buildcon. Can check link to related ideas.
Target 1 achieved. More than 12%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
#DEEPAKBUILDCON - Cup and handle pattern on larger timeframe is visible here. Swing buy between 750-760 (to avoid fake breakouts) for target of 1100 with SL below 650. Expected timeline will be 6-9 months #LongTerm #Positional
Every impulse wave follows some set of rules which we call them as SUTRAS for wave analysis. They are –
1. Wave 2 cannot move beyond the starting level of the wave 1. That means wave 2 never retrace 100 % of the wave 1.
2. Wave 3 is never the shortest one among the wave 1,3 & 5. It does not mean that it has to be the longest one.
3. Wave 4 never intervene into...
If the forthcoming earnings are good we can expect a good rally.
Everything is explained clearly in the chart. This is a long-term view and not for the Short Term traders.
Happy trading :)
NSE:DBL
Cup and Handle Pattern in DBL.
Risky trader can enter now till 706 and wait for Breakout
Longterm Target - 1200 with a Time frame of 1.5 Years on breakout above 710.
Disclaimer - Its not a Recommendation
Perfect triple cup in cup setup. This formation is rare. This share looks like a steal at this price. If bears don’t crash the global markets this stock will touch 2400 very soon.
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
![DBL: DBL looking good [strong]](https://s3.tradingview.com/n/NPtHuFt6_mid.png "DBL looking good [strong]")
