Dalmia Bharat Ready for a Bounce!
Current Market Price: 1975
Stop Loss: 1880
Targets: 2040, 2141
Extended Target: 2262 (if it crosses 2141)
Key Reasons:
Small contraction breakout above the Fibonacci 38% level.
Strong bounce from trendline support.
Continuous lower lows followed by a breakout of the lower high pattern, indicating potential for more upside.
📉 Risk Management: As the market is volatile, it's crucial to manage risk effectively with appropriate position sizing.
📊 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions.
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