Stock has formed cup and handle and given BO.
Could'nt sustain above break-out zone multiple times (Weekly candle close) until last week.
Volumes have been very good
Good to buy above 975 both for Intra and Swing
#DHANUKA
3 YEARS BREAKOUT.
Last week closing clearly shows interest of buyers.
They were able to push up the prices by 10% and successfully close above resistance.
Volumes are at highest levels.
RESULTS Were wonderful.
Note:
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Dhanuka Agritech - Cmp 942
The stock is giving multi year breakout. Looks good for long if it sustains above 930. Imp support/resistance levels are marked on the chart.
Dhanuka
Looks Good Above 930(Weekly closing or Min 2days closing above the 935)
if im not wrong,Two patterns formed simultaneously Cup n Handle and Pole n Flag
and One more All time High Breakout also
Healthy Mansoon Declared so buy above levels and hold-hold for min 10-15% ++
Positional buyers its good opportunity to add more qty above levels
Note- All views...
