We can See a trend change in Dalbharat...
Phase 1 Downside - Done
Phase 2 Sideways Consolidation - on going
Phase 3 Trend continuation or Reversal - NEXT
For Short term we can see Pole flag formation in Dalbharat after trendline break
For long term if the pole and flag gets activated we can see Cup and Handle next.
Dalbharat has been trading in range and consolidating...
Dotted Trendline should act as Upside support
Idea Invalid if 1840 broken on DCB
Phase 1 Downside - Done
Phase 2 Sideways Consolidation - on going
Phase 3 Trend continuation or Reversal - NEXT
For Short term we can see Pole flag formation in Dalbharat after trendline break
For long term if the pole and flag gets activated we can see Cup and Handle next.
Dalbharat has been trading in range and consolidating...
Dotted Trendline should act as Upside support
Idea Invalid if 1840 broken on DCB
Trade active
Breakout given for pole flag... one pull back and continuation expectedTrade active
Made High of 1938 yesterdayTrade active
High made 1970... Target 1 done..
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.