DCB Bank retested the support zone third time and held it.
If support breaks then consider my setup bust.
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading.
DCB is in uptrend and can be accumulated at current levels or wait for a pullback to 90 85 levels
for upside target of 100-105-116-120 levels.
View negated below 85 on closing basis.
ICICI Sec: Add. TP: 87
This is enticing counter. May reach the target tomorrow itself. But We don't have a good entry bar and the daily channel is too tight.
Watch it go. :(
I am not a expert here. just learning since 2 years but as per my knowledge DCB Bank may cross 150 in couple of weeks. Fundamental analysis is showing great scope for 150 and may extend to 200 in couple of months.
Levels as mentioned on the chart with awesone R:R ratio ......all the best
Levels as mentioned on the chart
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
