DBCORP trade ideas
Volume Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Volume Breakout. Stock has give Breakout with Volume. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart. Exit With in 5 to 10 Days
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
DBCORP: Positive Trend with Buy Opportunity on DipsNSE:DBCORP : Positive Trend with Buy Opportunity on Dips
NSE:DBCORP is exhibiting a positive trend, but careful attention is needed around key levels due to possible trapped trader zones. A buy-on-dip strategy near support may provide an optimal entry point.
Support Zone: 335 – This is a strong area to consider buying on dips, with the last stop-loss set at 325 for risk management.
Resistance Levels: 375 / 396 – Resistance here could lead to temporary pullbacks. Watch for a breakout above 396 to confirm strong bullish continuation.
Price Action: The stock's behavior suggests some trapped traders, so it's essential to monitor price action closely for false breakouts. A buy-on-dip strategy near the 335 support could offer good risk-reward opportunities if the trend holds.
Disclaimer: I am not a SEBI-registered Research Analyst. This analysis is for educational purposes only. Please perform your own research or consult a financial advisor before taking any trading decisions.
Swing Trade in DBCORP
Here, we can see a Swing trade in NSE:DBCORP
Buy NSE:DBCORP
CMP 295
TP 360
SL 248
DB Corp. Ltd. engages in the business of publishing newspapers, radio broadcasting, event management, internet, and energy. It operates through the following segments: Printing/Publishing & Allied Business and Radio. The Printing/Publishing & Allied Business segment includes newspaper, magazines, printing job work, internet and mobile interactive services. The Radio segment offers broadcasting of Radio. The company was founded on October 27, 1995 and is headquartered in Bhopal, India.
Danik bhaskar breakout Db Corp give a very good breakout of 1year trend (26aug 20 aug )which make as very bullish in this stick we also see a very good upside in its revenue in recent quarter soo we are bullish in it soo
buy it above 94.8
our target 98 100 106 118
Sl 91
For safe investors entry in it at 100 (we say it safe bcz if it crossed 100 level thn it also break the W pattern)
Target 105 117 130
Sl 91/88
DB corp may give breakout DB corp may give breakout from triangle
RSI taken support on weekly time frma at 40
Falling wedge broke in higher time frame of 4hr
1hr time frame inverted H&S broke now one ressitance of 0.5 Fib level and main swing high resistance of 104.5 than it may be bullish for longer period of time
Expanding Channel with BODB Corp has moved out of the channel with huge volumes...and looks good to touch 133...targets highlighted by horizontal lines. Dainik Bhaskar is a media and newspaper company with presence in more than 11 states. But is a small cap ( 1709 crores - according to Zerodha), so trade cautiously .