DALBHARAT trade ideas
Buy DALBHARATDalmia Bharat Looks Good in Coming Days if breaks 1950-1970 range.
For Swing:
Risky Buy Above 1945 | Safe Buy above 1976 for Target of 2050, 2150 ++
SL: 1870
For Intraday:
Nice Price Action in Hourly Chart. Price retraced from 50% and about to break. If opens in range on 7/01/2021, one can go long in intraday above 1900 for target of 1920, 1940 with SL of 1880
Dalmia Bharat Limited (Long)Good volume seen
following trendline resistance
Support 1707 & 1762
Its consolidating
Resistance BO above 1885
As of now the stock has crossed 200 EMA on daily chart .
Buy near above 1885 Avg out at 1750 SL 1700 and TGT 2200
please do correlate by yourself also on charts. This is for educational and paper trading purpose only. Please consult your financial advisor before invest
DALBHARATNSE:DALBHARAT
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Dalmia Bharat Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed near below support zone & the lower trendline. The target is placed near swing high.
✅ POSSIBLE REVERSAL CHART SETUP ⤴️✅ POSSIBLE REVERSAL CHART SETUP ⤴️
- High Probability Reversal Candidate.
- Price is at Crucial Support & Previous Breakout Level.
- Price is Making DOJI Candlestick at Support & Breakout Level Which is a Sign of Indecision Between Buyers & Sellers.
- Trade according to your Risk:Reward Ratio.
- Uptrend with Parallel Channel Pattern.
- Price is in Demand Zone Near Channel's Support.
- Change in Polarity Seen.
🚫This is only for Educational Purpose 🚫
➡️Consult Your Financial Advisors Before Taking Any Trade💻
DALMIA BHARAT LTDThis stok entering 52 week high zone and shortly break out this range. This stok outperform last 3 month sectorial index and strongly outperform benchmark index. 5 EMA 20 EMA from below in 2 hourly chart. Williams R bullish. ATR increasing from 3 days. Stoch K crossing D from below. Positive DI crossing negative DI from below
Buy this stok for 5 to 15 days.
Dalbharat- A Long Term Trendline BreakMultiple touches marked on the trendline for the reference.
Repeating once again that if a resistance is being tested again and again it becomes weak with every touch.
Along with multiple touches we can now also see that price is sticking to higher levels and it is now creating a triangle as well.
I have marked volumes too which will play an important role in coming days as well. I hope from my previous posts people have learned important of volumes.. Can be a good bet.
Keep an eye folks . Happy Trading.
Disclaimer:- I am not SEBI registered . Trade with caution and your own risk.