Technical_Satish

Technical_Satish

The stock has been in a range-bound consolidation between ₹330 and ₹355 for over three months and is showing signs of a potential breakout: Price Volume Contraction: The price has been tightly consolidated with lower volume, indicating a reduction in volatility. A breakout with increased volume could signify a strong move. Moving Averages: The stock is...

Technical_Satish

After consolidating for nearly five months within the 1,700–1,950 range, Dalmia Bharat is now on the verge of a significant breakout. Here's a technical outlook: Resistance Level: The stock has faced strong resistance around ₹1,950, which coincides with the 200-day moving average. This area could be the key breakout zone. First Target: A successful breakout...