Trendline breakoutIt breaks the trendline and how at major resistance zone if it breaks then expecting good move from here.
And today's volume is too high. I think buyers are more interested.
DMCC trade ideas
Daily BTST CallStruggling to find time for trade management?
- Take Daily trades at 3: 00 pm every day
- Try to exit by taking 4-5% MAXIMUM PROFIT from each trade
- Trade can be held for 1 week
- Simple price-action strategy
- Resistance Pattern in DMCC on Daily chart time frame.
BREAKOUT IN DMCC📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF DMCC:-
•Breakout of symetrical pattern on WTF with strong candle
•Break counter trend line and hidden lines
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
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📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
DLCC | Market Structure Breakout | Bullish MomentumDLCC is giving a nice breakout. Supporting factors for analysis
1) Market Structure Break
2) Breakout - Consolidation - Breakout
3) Pole and Flag Formation
4) Volume Breakout
Stage 2 Breakout followed by retest📌Good Accumulation Happening
✅Keep an Eye
#DMCC
- Stage 2 Breakout followed by retest
- Spending time at the Retest Zone
- Above Key EMAs
- Bullish RSI
DMCC - Playing the resultThe stock seems to have bottomed out and maybe its expansions start to kick in. Today is the result for the company.
Long above 380 with stoplsos below 355 and if you don't like that much risk then below 365.
There is a little bit of a wedge breakout here.
Dharamsi morarji chemical Dharamsi morarji chemical CMP:460 sl: 370(wcb) target: 500/626/750
Note: educational post
A Good "Chemistry"Dharamsi Morarji Chemical Company, DMCC as its well known in industry, is a decades old company into manufacture of sulphuric acid and related chemicals. It is into speciality chemicals and APIs too.
Recent quarterly results too give confidence of investment/trade in it. Now the company being listed on NSE too, it is now in the eyes of wider audience.
Technically too, two possible scenarios emerge. It's price is in sideways direction hovering between 300 to 400.
1. Entry when daily close above 400 with SL of 360 and target of 500. So R:R is 1:2.5
2. If the stock corrects from CMP, then try to enter near 330-340, with a SL of 300 and targets as 400 and 500. R:R will be 1:3 and 1:6 assuming entry near 330.
The 200 Day EMA is now at 325 will offer kind of support in either cases.
DMCC - Small company, big aspirations. An interesting company with expansions in all its capacities. The company has promised on all expansions.
Long at current price with stoploss below 320. This company is surely and add once again above 415 and once again above 440.
Even if the SL triggers i'd be interesting in again looking at buying the company around 300. (Or just take an allocation where the SL can be 295)
This could be the start of higher growth in the company which will lead to higher cash flows.
DHARAMSIDharamsi Morarji Chemicals Co Ltd
DHARAMSI
CMP: 386
- 1 year box consolidation near All Time High
- Stock moved from 130 to 400+ in 5 months (Nov 2020 to Mar 2021)
- Flag and pole pattern formation
DMCC SupportThe stock is on its support level. A wedge formation is underway. Should bounce back from these levels.
Dharamsi Morarji ChemicalThis chart is only for educational purposes. Do your due diligence before investing or trading. I'm not responsible for any profits or losses that arise from your actions. The purpose of sharing this chart is only for education, and it serves as my personal diary.
Dharamsi Morarji Chemicals #DHARAMSI #StockMarket #StockToWatchDharamsi Morarji Chemicals---> Almost Debt Free
Consolidation in Triangle pattern
Good Volumes in Breakout
Look for Very Short term or Mid term Positional Bet
Enter at CMP for targets of 430+
Refer Chart for Entry Details.
=============================
Strict SL to be followed in Every Trade
DMCC - Potential bottoming outA good stock with super expansion coming over the next 18 months..
The stock could have technically have bottomed out..
Currently at the fibo golden ratio + channel breakout retest.
Long at CMP with SL below 270.
I would double my position above 317 and add more above 355 again.
I like this stock for the enitre year and maybe even next year..it could grow from strength to strength.
Ps: If the SL gets broken i would look at add it again around the 200EMA (red line)
Cash machine Add slowly and on every opportunity towards upside. I feel this stock has big potential.
Sl mcb
The stock is consolidating for the last three daysThe stock is consolidating for the last three days; support at 156.65 and a strong support at 129. If bullishness returns, we may see 223-226 in near term.
