BREAKOUT IN FALLING WEDGEResistance zone broken and took first support while forming a falling wedge and brought on breakout. RR 2:1.
DCMSHRIRAM trade ideas
DCMSHRIRAM, TRADE ANALYSIS - HOW WE CAPTURE 4% TODAYDCMSHRIRAM was given for buy at 10:51 AM above 482 when it was trading at 478. This made us wait almost entire day but was worth the wait.
All the reason for picking this stock are explained in video. Always remember that cash stocks, we trade with half the risk to ensure limited risk and maximum reward from momentum.
Hope this analysis help in learning.
Thanks
Piyush Gupta
Learn & Earn
Head & Shoulder in DCM ShriramInverted Head & Shoulder pattern is a bullish pattern.
One can buy above 440 with a target of 500+ in short term, 600 in long term. Trail SL at 310
Dcm Shriram LtdInverted Head & Shoulder
if price Sustain above 428 then buy opportunity. share only for educational purpose.
DCMSHRIRAM LONG LONG@425
1.Price break above trading range
2.Sigh of Strength
3.Price above Weekly & Monthly CPR and above 55EMA
4. PullBack Long Opportunity @ 425-410 Level
5.SL 400
6.Target 500
DCM SHRIRAM has formed an inverted Head and Shoulder PatternEntry at 442
Target 610
Stop Loss 422 (and then trailing if the trade goes in our direction)
DCM SHRIRAM: 1.5Yr+ Trendline BO! 🚀Amazing volumes!Kind of Inv H&S. Horizontal trendlines are the best bet you can ever get. They tend to fail much lesser as compared to other orientations.
Inverted Head and shoulder Breakout on DCMThere is a kind of inverted Head and shoulder Breakout on DCMSHRIRAM. Support level is around 390. And Targets as below :-
1st Target :- 500.00
2nd Target :- 570.00
3rd Target :- 600.00
Clear Breakout after a Long TimeYou can Go Long on this @CMP and Stoploss/Target as below:
SL@425
Trgt@560
I personally Feel free to correct me if required
DCM ShriramDCM Shriram Looks good abv 465 sl 390 tgt 550
Disclaimer :- I am not SEBI registerd Analyst Kindly consult your fiancial Advisor before taking any trading decisons
DCM SHRIRAM: 1yr+ INVERTED HEAD AND SHOULDERS breakout🚀🚀Inverted Head and Shoulders have been formed with excellent spikes in volumes. Trendlines are marked. Can go long!
#DCMSHRIRAM trendline breakout with heavy volumeThe scrip has given a breakout from the trendline and neckline of IHNS pattern and that too with heavy volume.
Now it is facing resistance around 429 levels, once taken out, then it has potential to move towards 482 and above that towards 538.
For such simple and highly accurate trade setups see my other charts.
Regards
PERFECT INVERSE HEAD AND SHOULDER, POSSIBLE BREAKOUT OVER CMP!!!Stock has completed the inverse head and shoulder pattern formation on a weekly chart and is ready to give a breakout if it breaches the current market price. Targets achievable from here will be 660, with a stop-loss of 420.
DCM SHRIRAM READY FOR BREAKOUT IF IT BREAKS IT PREVIOUS RESISTANDCM SHRIRAM READY FOR BREAKOUT IF IT BREAKS 406 AND THEN 430 FOR TARGET 500 . TIME FRAME CAN BE UPTO 3-4 WEEKS, CUP AMD HANDLE PATTERN POSSIBLE.
AT THIS TIME PLEASE TRADE WITH SL , SL OF 370
#DCMSHRIRAMNobody is talking about this grossly undervalued, on the verge of breakout, gem. I am holding since below 300.
DCMSHRIRAM :- A symmetrical TriangleA great symmetrical triangle in the formation and stock is slowly hitting upper end of the triangle. It has already tested the upper band quite a few times.
Volumes near the upper band is also increasing and the consolidation is giving some confidence that this stock can fly high.
A break above 400 levels should push this stock to much higher levels.
Nothing much to add as I have already posted many stocks in same pattern.
You want to be in stock market then you have to learn at any cost. Without learning there will be no earning. You might succeed for a day or two by looking at someone's chart but ask yourself how long will you survive????
It's same like swimming by trusting someone that he will not let you drown. The day he will face the music of market you will be the first one to drown. Choice is yours.
Keep and Eye folks. Cheers and Happy Trading.
DCMSHRIRAM on the verge of BreakoutDCMSHRIRAM is on the verge of a breakout from the inverse head n shoulder pattern. Looking good on actual breakout above 390, weakness below 341 (200 days ema). Target will be previous high 630.
Disclaimer: This is not an advise to buy or sell. This is only for educational purpose.
