Restricted (Gradual volume) professor + gov + sg Bull flag 3 Days Volume Increase and close > 3rd
1) trap fall
2) Profit book trap
3) Will go much higher
21 = .98, 101 activated
144 = 0.98 activated
Hey folks!
All the important levels have been marked on the chart along with the description.
In this post i have shared buying strategy for this stock.
This stock comes under the category of High risk and High Volatility.
Company Core business manufacturing of polyethylene terephthalate resin
Its a Cash Rich company with Growing profit (as per the Financial...
DVL: - Confluence of TL + Cup & Handle breakout With Volumes.
DVL has given strong breakout on weekly chart with strong volumes.
Also Confluence of TL + Cup & Handle breakout is seen.
This is my positional pick as it has got good fundamentals.
Entry above 420
Targets: 450/475/500/550/600
DVL
1) Time Frame - Monthly.
2) The Stock has been consolidating since August, 2021 and has given a breakout with strong bullish momentum & Huge volume.
3) The stock will find resistance / profit booking zone around the price (940) in long term.
4) Recommendation - Strong Buy
-flag breakout and retest done
-now broke new resistance with high volume
-rsi breakout and strong support ema
-keep in radar it can give more 25% upside move
#DVL
It is Active in Other financial service activities, manufacturing and selling PET resins, food products and infrastructure.
Market Cap 1,447 Cr.
ROCE 28%
InstHold 2.28%
Growth 3 Years :-
Sales 49.2 %
Profit 128%
Cup & Handle Breakout with Volume .
DVL has etched its name in the market's record books as it achieves a remarkable all-time high breakout, signaling a defining moment for the stock. Investors and traders alike are taking notice of this historic milestone, recognizing the potential for significant opportunities as DVL continues its ascent.
The all-time high breakout suggests a surge in investor...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
DVL - DHUNSERI VENTURES has formed a WEEKLY base with a DEMAND ZONE between 310-280.
Could be a great opportunity for LONG position with SEPTEMBER Quarter profit rise, BUYING volumes are increasing as well as 50 and 200 Daily EMA is following the price PROPERLY.
Bullish chart setup
- Rounding bottom pattern at top
- Excellent breakout in past week above resistance
- Positive MACD that too above zero line (Strong Signal).
DHUNSERI VENTURES :
Analysis done on Monthly TF.
Following Observations
1. Formation of Flag and Pole, retest done with great volume.
2. RSI showing strength on Monthly and Weekly TF
3. Expecting price to hit in long term marked Blue lines and orange is extreme.
Let's see how it goes.
Note : Not any Buy or Sell Recommendations just sharing learning stuff.
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JOIN US ONLY IF YOU WANT PEACE AND PROFIT IN YOUR TRADING LIFE.
I am not a call provider, not SEBI approved person. All the charts and PnL here are for educational purposes. Consult a professional financial advisor before you invest.
In the Weekly Chart of DVL ,
we can see that; it has got multiple REJECTIONS at cross Trendline.
It has now given breakout.
Let it retest.
Enter on retest at 248 - 250 with SL as 235 and Target as 317 .
1:4 Risk can be achieved by booking profits at 317 .
TRADE IDEA: CMP : 282 **GOOD BULLISH FLAG PATTERN**
** I AM NOT SEBI registered advisor please consult financial advisor for your investment.
**This is only for educational purpose you can also share your thoughts on the comments
** In this chart, I can see good long run from 92 to 315
**After a very good bull run market try to make a parallel channel**
**we can...
