NSE:DCBBANK
Date : 27/04/2023
Chart Pattern : Symetrical Triangle Breakout.
Time Frame : Daily Chart
CMP : 104.5
Targets : 120 (3-4 weeks)
Stop Loss Level : Closing Below 98
Disclaimer.
I am not sebi registered analyst.
Charts and levels are posted for Educational Purpose only it's not Recommendation. Please Consult your financial advisor before trading or...
#dcbbank
>> This for Swing Trade / Positional call (1-3 months)
>> Good strength in stock
>> Good Volumes picking up
>> Momentum stock
>>Swing Traders can Book profits at 5-10% fully or partially and keep trailling
Keep liking & sharing for more learning , leave a feedback
@moneyfesttrading
🐻 Bearish pennant pattern structure formed, most of 90% market going to down. Wait for the trend line support or resistance level breakout after entering the trade
WTF in Down Trend, price kept rejecting WTL & BO
DTF VCP formed and BO with Volume
Wait for Pull Back to Support to enter
Technical Indicators
RSI Bullish
MACD Crossover
NSE:DCBBANK 136
1. Breakout in Rectangle Pattern after 2 Years Consolidation
2. Breakout with strong upside in candlesticks in last 4 days
3. Support near 115.00 level (Swing Low)
4. Resistance levels 170-190 level (recent High)
#TechnicalAnalysiswithMrChartist
DCBBANK:- double bottom pattern is made, good for short term. keep on eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful...
> DCB BANK
> Good result by the company
> Keep in your radar
> Wait for breakout
> Good stock to hold for huge gains
// This post is for educational purpose only //
DCBBANK has clearly broken the 1and half year Trendline with a great increasing Volume.If it Crosses 100, then Target would be 126 which is around 30%.
Stock Name - Dcb Bank Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 122
#This is not Buy and Sell recommendation to any one. This is for education...
Levels as mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
NSE: DCBBANK is looking bullish in both price action as well as in Elliot wave theory.
I have marked the chart's target, entry, and stop loss levels.
This idea is only for educational purposes and trade according to your risk and knowledge.
