DHANUKA trade ideas
NSE:DHANUKADISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
Dhanuka AgritechDhanuka has broken the trendline, It is at bottom of CUP formation, GO for a target of 1050 in 1-2 months, stock can broke any day as this sector has not moved.
DHANUKA BULLISH WOLFE WAVEDHANUKA IS FORMING A BULLISH WOLFE WAVE CMP 762 CAN MOVE TOWARDS 835/900/960/1040 VIEW INVALID BELOW 695
DHANUKA waiting for Triangle breakoutDHANUKA has given breakout on 1h time frame, however it is trading at resistance trendline on daily time frame. watch this stock for breakout, 700 on lower side and 760 on upside, in future date upside price may change as it is descending triangle.
if it breaks down 640 is a good price to enter, which is a 200DMA.
Weakness in DHANUKAClosing below 690-700 on daily basis will pull the stock to 200DMA, which is placed 625. 625-650 act as a potential buy zone.
DHANUKA EOMA 31 Oct 2020Support and Resistance are Marked on D candles.
Formed a Base @ 710 levels.
Volume Contraction observed.
Price trying to Break 50 EMA
Ongoing Consolidation in Stage 3
Expecting a BO to resume Stage 2 soon.
DHANUKA AGROTECH - BUYNOTE: FOR EDUCATIONAL PURPOSE ONLY
Price action suggesting buy. Hope to see decent momentum in the coming days.
Dhanuka pullback entry50 SMA is being respected. Good quarterly results. Whole rural segment is bullish. Target 1 - 910.
Bought at 822.5210 upmove, shallow correction. volume drying up on the pullback. reversal happening today.
wait for correctionI will buy Dhanuka at 50 EMA near the second support line. 680-700 is the dynamic support and will keep changing as the time elapses. SL will be below 650
Long Swing Trade Idea #25 : Buy DHANUKA Buy DHANUKA only above 823 with Stop-loss at 739 for first target of 921. Idea is for 16th July 2020 onwards and I will update it if it is triggered or in case it is no longer valid. Reason is breakout
DHANUKA AGRITECH Trading SetupIf it goes above 743 and sustains it for more than 15 minutes, then BUY
DHANUKABuy DHANUKA on dips towards Rs. 700 - 715 for the Targets of Rs. 800 - 900...
Stoploss- Rs. 623
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Thank you,
Vishwajeet Sharma
Long Dhanuka Agritechtook a pilot position in dhanuka agritech at 514 today. most agrichemical stocks are trending in this market. I will be adding to my position on minor corrections
