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long above 405 to fib levels
short below monthly support line (pink) to fib levels
Found support at 50% fib levels
closed above monthly support line (pink)
chikou above cloud
closed above tenkan and tested kijun
long to fib levels above 401 odd levels
short below 380 to fib levels
BUY BACK OF SHARES :
Boost in Share Prices
When the economy is faltering, share prices can plummet as a result of weaker than expected earnings among other ...
Whats going on in DCMSHRIRAM?
buy above 429
target mentioned in chart
Details on chart.
Please Do Your Own Analysis
This is my Personal View
May Rise upto 400 SL below 325.
It is on its last support at 255, hope it rebounds from here.
DCMSHRIRAM Bull rally is all set, Ready steady.....
looking bullish continuation in trend will take it further upward.
RSI and CCI will touch the resistance??
cup and handle pattern-
The Cup with Handle is a bullish continuation chart pattern that marks a consolidation period followed by a breakout.It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks.
cup with handle is a chart pattern that has a well defined horizontal boundaries breakouts from chart pattern with horizontal ...
Stock made Doji candle at Lower Bollinger band which is above 200 SMA.
Above 370 stock may rise to 380-387 sl 358
DCM Shriram is completing a bullish Cup & Handle formation with neckline at 240. Buy on a retracement after breakout accompanied by volume support. Only for investment.
DCM SHRIRAM Cup & Handle Breakout on weekly charts
Short term Target:- 300/330
Long Term Target:- 380