DALBHARAT - Bullish Swing Reversal with VolumesNSE: DALBHARAT is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Disclaimer:
This is for educational purposes only.
DALBHARAT trade ideas
DALBHARATNSE:DALBHARAT
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
DALBHARATDalbharat is on the way to complete cup n handle pattern on daily charts, its not confirmed yet but i presume it ll so you dont have lose points till breakout.
Risk-Reward is very much favourable to bulls.
Could be bought with mentioned stoploss & targets in a month time. So buy in delivery & hold for good returns.
Dalmia Bharat Ltd - Short-term SwingDalmia Bharat Ltd - Short-term Swing
1. Cup with Handle pattern formed.
2. Once it crosses 1640 it will start firing...
3. Target will be 1980 to 2000
4. Between it has a resistance at 1800.
5. If the stocks move downwards, below 1470 we have a stop loss.
6. based on the market condition it will in a positive direction.... fingers crossed...
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
DALMIA BHARAT LTD.( EDUCATIONAL PURPOSE ONLY)
There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY)
DALMIA BHAEAT LTD. with target of RS 1650 CMP IS RS 1620.25
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @1280
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
Dalmia Bhart looking solid Dalmia Bharat Ltd is holding above 50 days EMA at CMP 1630 after forming a bottom for the time being between 1290 and 1341 region. X/2 Entry for a long term can be taken in Dalmia Bharat above 1645 closing. The Second X/2 entry can be taken in the counter after it closes over 1766. Targets for Dalmia Bharat will be 1875 and 2017. Stop loss should be maintained at closing below 1290. Down side of the share are its poor result in the last quarter and poor net cash flow. The positives for the company are FIIs and MFs are seen increasing their stake in the company. Dalmia Bharat is a low debt company where promoters have Zero pledge.