After a prolonged bear market, D B reality looks like reversing. Investors can look at this counter for investing.
Apart for technicals, If we look at fundamentals
a) With RERA , GST, demonetization the entire real estate will function more effectively.
b) Promoter has come out of 2g scam.
c) Good land bank, trading much below book value.
Share has made a Break Out from Symmetrical Triangle Pattern (shown in graph), with a MARUBOZU candle (shown in blue box). After this, Share made a Gap Up Opening today at 52.30, which shows high demand. EMA 12 days has came above EMA 26 days (shown by blue and yellow lines). In week graph also, Share has made a Break Out after forming Falling Wedge Pattern. Share ...