DCW

NSE

DCW

NSE:DCW

Weekly Systematic channel breakout @ 47, Stock is trading at 51. Buy DCW between 47-51, with SL 43(weekly closing basis)

As seen that the DCW has given a Pennant pattern breakout on daily chart a few days back, after which the price has revisited to test the breakout levels and gone down a bit further, giving us the perfect low risk entry. The stock is bullish in larger time frame also. Expected Levels: 40,45,48 Exit levels: 34.30

The charts showing a strong movement in DCW prices. Time to wait and watch if DCW touches its all time high of 50 some thing and can it surpass that

Swing Trade for 15- 20% Target, Once achieved trail SL for even higher targets. SL 31.50 ON CLOSING BASIS