Multiyear Breakout Re-TestAfter Multiyear Consolidations breakout price finally retest its breakout level and as per price action previous resistance now act as a support .Longby PrasantaP0
DCMSHRIRAM CMP 1300DCM SHRIRAM LTD on weekly timeframe breaking weekly upper bollinger band with high volume thats the sign for a long bullish trend .From three years it was consolidating in this zone now this level breaked add this to your wachlist and find best entry area Risk and Reward is yours. Thanks.Longby SUMIT_DHIMAN_MZN_UPUpdated 1
Darvas Box Strategy - Break out Stock - Swing TradeDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only. Stock has given break out. Buy above high. Keep this stock in watch list. Buy above the High and do not forget to keep stop loss, best suitable for swing trading. Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:1 & 2 Stop loss can be Trail when it make new box / Swing. Be Discipline, because discipline is the key to Success in Stock Market. Trade what you See Not what you Think.by AnsariTV0
Positional Trade Idea for #DCM ShriramDCM Shriram has formed a textbook cup-and-handle pattern on the weekly chart, breaking out above the resistance zone around ₹1,240. With strong volume support, this breakout indicates potential upside momentum. 💥 Entry: Around ₹1,240 💥 Target: ₹1,400+ 💥 Stop-Loss: ₹1,150 #StockMarket #Trading #PositionalTrade #BreakoutLongby RajputAmarjit113
DCM SHRIRAM above trendline breakoutDCM SHRIRAM looks good above trendline breakout... Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Trading involves significant risk and may result in the loss of capital. Always conduct your own research or consult a financial advisor before making investment decisions. I am not responsible for any actions taken based on this analysis.Longby junaid2100
DCM SHRIRAM LTD S/R Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh2
DCM Shriram can make a recovery and give a Breakout. DCM Shriram Ltd. is a diversified company with business in agri, chemicals, plastics, cement, textiles and energy services. They are having two broad operational thrusts namely, the energy intensive businesses that include chloro-vinyl chain and cement and the agri-businesses that cover urea, sugar, hybrid seeds and agri-merchandised inputs. The business portfolio of the Company comprises of Chloro-Vinyl, sugar, Shriram Farm Solutions, bio seed, fertilizers, etc. DCM Shriram Ltd. CMP is 954.4. The Negative aspects of the company are Moderately high valuation (P.E. = 28.7), declining annual net profit, MFs are decreasing stake. The company's Positive aspects are No debt, increasing cash from operations annual, Zero promoter pledge, FIIs are increasing stake, Entry can be taken after closing above 955. Final Entry closing above 990. Targets in the stock will be 1029, 1055 and 1079. The long-term target in the stock will be 1109, 1145 and 1178. Stop loss in the stock can be 900 or 870 depending upon your risk taking ability. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.Longby Happy_Candles_Investment0
Just A View - Double Top - DCMSHRIRAM📊 Script: DCMSHRIRAM 📊 Sector: Diversified 📊 Industry: Diversified - Mega Key highlights: 💡⚡ 📈 Script is trading near neck line that is support of Double Top pattern as seen into the chart . 📈 Script may take support at 862 level and bounce back from there. 📈 One can go for swing trade for medium to long term. ⏱️ C.M.P 📑💰- 872 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂 Longby radha_237
DCM Shriram Long PositionalBuy DCM Shriram @ CMP for the Target of 1163-1278-1392-1509 SL 904 Strategy : RSI > 60 + EMA above 20 & 50 Duration few Weeks Longby IOTABHI2
DCM Shriram slowly forming a cup and handle pattern. DCM Shriram Ltd. is a diversified company with business in Agri, chemicals, plastics, cement, textiles and energy services. DCM Shriram Ltd CMP is 960.15. The Negative aspects of the company are Declining annual net profit, MFs are decreasing stake. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, Improving cash from operations annual. Entry can be taken after closing above 969. Targets in the stock will be 1001 and 1045. The long-term target in the stock will be 1094 and 1119. Stop loss in the stock should be maintained at Closing below 923. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.Longby Happy_Candles_Investment0
Weekend idea 2: DCM Shriram can rise, investing can be idea wiseDCM Shriram Ltd. is a diversified company with business in agriculture, chemicals, plastics, cement, textiles and energy services. DCM Shriram CMP is 938.55. The Negative aspects of the company are MFs are decreasing stake. The positive aspects of the company are No debt, zero promoter pledge, FIIs increasing stake, improving annual net profit, and Improving cash from operations annually. Entry can be taken after closing above 969. Targets in the stock will be 1016 and 1066. The long-term target in the stock will be 1119. Stop loss in the stock should be maintained at Closing below 853. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.Longby Happy_Candles_Investment3
Strength Gaining Stock! #DCMSHRIRAMStrength Gaining Stock! DCM Shriram Ltd #DCMSHRIRAM 1- Breaking out Resistance 2- High Weekly Volume 3- Outside Bar Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.Longby Mayank_Malik2
DCMSHRIRAM Breaks Key Resistance Level with High Volume 🔍 Overview 🔍 DCMSHRIRAM, has been facing strong resistance at the 910-920 level since November 2022. Interestingly, the 910 level has been acting as both support and resistance since June 2021. Today, we witnessed a breakthrough of the 910-920 level with a significant surge in volume. This breakout occurred on the weekly and daily charts, making it a crucial development to consider. 📊 Technical Analysis 📈 Plan buy trade near closing of market if breakout sustains above resistance DCMSHRIRAM has been consolidating within the 910-920 range for several months, indicating a period of indecision and lack of clear direction in the stock's price movement. The 910 level has proved to be a significant support and resistance zone in the past, highlighting its importance in determining the stock's future trajectory. Today, we observed a breakout above the 910-920 range with an extraordinary surge in volume, suggesting strong buying interest and a potential shift in market sentiment. The breakout on both the weekly and daily charts strengthens the bullish case for DCMSHRIRAM, as it indicates a potential trend reversal and the beginning of a new upward movement. 📊 Technical Terms 📈 Before delving further into the analysis, let's clarify some technical terms for those new to trading: 1. Resistance Level: A price level at which selling pressure is historically strong, causing the stock's price to struggle to rise above it. 2. Support Level: A price level at which buying interest is historically strong, preventing the stock's price from falling below it. 3. Breakout: The movement of a stock's price above a significant resistance level or below a significant support level, indicating a potential change in the stock's trend. 4. Volume: The number of shares or contracts traded in a security or market during a given period. High volume often indicates increased market activity and can confirm the strength of a price move. 👍📝 Like, Comment, and Follow 👍📝 If you found this analysis helpful, don't forget to give it a thumbs up! Feel free to share your observations in the comments section below. Your feedback and engagement are highly appreciated as they keep me motivated to consistently provide educational content. Thank you for your support, likes, follows, and comments. It means a lot to me! If you want to stay updated with more articles and trade setups, make sure to follow me on TradingView: in.tradingview.com 💪🚀 Trading is not just about making money; it's a journey of self-discovery and personal growth. Embrace the challenges and keep pushing forward! 💪🚀 Remember, this analysis is for educational purposes only, and I am not a SEBI registered analyst. Always conduct thorough research and consult with a certified professional before making any investment decisions. Happy trading! Longby AfnanTAjuddin3321
#DCMSHRIRAM-Double bottom formation. Swing trade for 10% up movestock was in down trade for quite a while but recently made double bottom and on the way of getting breakout above W pattern neckline.Longby tranjeetUpdated 229
Dcm Shriram Good for long trade for a momentum upmove Buy above 926 Sl 898 Tgt 980 1000 1025 Ask your financial advisor or broker before taking any action based on my view Only for educational purposes Longby Ak_is_enough6
DCMSHRIRAM Low Risk High Reward IdeaIt will be good to take entry on NSE:DCMSHRIRAM while price retest level of 864 with stop loss of 830. My expected upside level of 894 & 935. Note: This is my personal analysis, only for learning. Thanks.Longby thetradeterminal8
DCMSHRIRAM awaiting flag breakout This may give flag breakout as per my technical analysis.by sambit90112
VCPThought process mentioned on charts. low cheat entry. Not an investment/trading advise.Longby UnknownUnicorn23160314Updated 110
Long on DCMDCM didnt fell in the recent NIfty's fall . this indicates how strong this stock and the structure is . This stock will not make you regret InshallahLongby abuxUpdated 1
Intraday opportunity for 11 OctoberGood for intraday as well as seeing trade. If opens near Fridays closing ( preferably between Fridays close and Fridays high). Happy trading!!!Longby RagingBullz0
DCM shriram - bullishRounding cup formation , bullish. Co is into Caustic soda /Sugar /country liquor For education purpose onlyLongby mitsoi0
DCMSHRIRAM : At Breakout zone - Can look for long at 1030Going long with support line as Closing basis stop loss. This month stop-loss going to be wider because market is trending and supports levels are far. Please keep in mind on position size before initiating the trade.Longby nitinchidarUpdated 110