DCBBANK trade ideas
DCB bank will give break outit will give break out above 120. Do long. it is bullish. after moving in side ways it will give break out around 120.
DCBBANK - Volume breakoutDCBBANK - Volume breakout
These idea's are not my recommendation. Do your own analysis before making any trade based on this idea.
DCB Bank BreakoutDCB Bank.
Long position
Qty 22
Price 89.8/-
SL 80/-
Risk 1%
Broke out of resistance above the 30 WMA in weekly and broke resistance of ascending triangle.
#DCBBANK #DCB #BANK #NIFTY #BANKNIFTY #BANKING #INVEST #EQUITY#DCBBANK has reached its long-long time support cushion.
Expect a quick pickup from here.
RSI in over sold zone.
This is not passive investment.
Active Investment. As moving averages are far.
Risky But Expect a great return of 30%.
Charts show a bullish hammer. Trend reversal expected.
Stop Loss will be at 53 as the stock follows the sector, and sector indices are in falling trends.
High Return / Risk.
DCB BANK SHORT SELL CALLSIMPLE RULE WHEN 50 EMA CROSSES BELOW 200 EMA SHORT SELL IT ANDC STAY SHORTED TILL 50 EMA CROSSES ABOVE 200 EMA.
DCB Bank flag broken DCB flag broken today and closed near to yesterday's close, indicates this stock is testing the base and from there it will fire. Within a week it can show 247 level, however considering the current political situation, it is advised not to trade in large quanitities
DCB Sell for 22 - Oct -2018 Intraday30 minute Fibonacci series show following level for entry
Sell Below : 155.4
Stop Loss : 161
Target : 152.55
DCBBANK, ResistanceAfter a phenomenal rise, the upper level (Resistance) at 210-5 is being hit for several times and price is returning from there. Once this resistance line is taken out, expect big rise again. One can enter at 180 around for long term investment with a small SL.
BUY AND HOLD DCB At 190 Target 203 and above Sl 185 BUY AND HOLD DCB At 190 Target 203 and above Sl 185
