DCM on a monthly timeframeDCM on a monthly timeframe give strong breakout
Wait for a monthly candle close
Entry above 117
SL 100
DCM trade ideas
#DCM 97 TGT 200 SL 70 Recommended Buy - Rachit SethiaDCM 97.05
TGT 200
SL 70
RETURN 100%
RR >3.7
TF <12M
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
DCM LTD LOOKING STRONG ON WEEKLY TF CHARTBreakout Soon Stock
DCM Ltd.
Volume Buildup Seen on Weekly TF.
Trading near Breakout level.
Debt to Equity Ratio - 0.04
Keep on Radar.
DCM 4 Hour Chart AnalysisDCM is showing a good setup we need to wait till the breakout to happen with volumes to consider it for a trade setup is very lucrative.
DCM buy~~ CMP 80.55 Target 120, 150+Key factors
1) Trend line breakout stock
2) Volume good
3) bounce from 200 EMA~weekly tf
4) Fundamentally strong
5) Technical this time buy side
DCM buy~~
CMP 80.55
Target 120, 150+
SL 43
DCM analysis on daily and weekly timeframeTrend change confirmed at 21.85 based on 123 trend change criteria.
Ascending triangle is broken.
The stock is above 200 MA
Next entry above 23.75
Target around 32.
Good luck!
