Morning star pattern in dolat alogotechkeep watch and stay with the stock and a target and stop loss according to your comfrat
DOLATALGO trade ideas
Darvas Box Strategy - Breakout StockDisclaimer: 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. 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. As stop loss is Big Risk to reward Ratio / Target - 1:2.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
Doalt algo: ath breakout on cardsDolat algo: attempted a breakout few days ago but faced rejection and reached till 21 day ema and 155 levels.
from there buying was built again and it made a high of 174,
stock can give a breakout above this and make a new high and reach in trajectory of 200.
DOLATALGO potential breakout Good Quarterly Earnings
Trading near ATH
Strong R.S
Base - 3 months long / 30% deep
Dolat AlgotechHello,
as per charts analysis, Dolat Algotech achieved the target within 30-35 days after break out. Made all time high and now expect consolidation between 130-150 levels.
thank You.
DOLATALGO - Bullish SetupStock name = Dolat Algotech Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Dolatalgo Stock Breaks 2021 High: Trade Plan with Entry, TargetsDolatalgo's stock has made a significant move by breaking its 2021 high, drawing the attention of investors and traders alike. The breakout has been accompanied by robust trading volume, suggesting strong market interest. To capitalize on this bullish momentum, here's a detailed trade plan with a focus on entry points, targets, and risk management.
Technical Analysis
The stock's breakout above its 2021 high is a bullish signal, reinforced by other technical indicators. The following points suggest an optimistic outlook:
Exponential Moving Average (EMA): The EMA is trending upward, indicating a positive market direction. This confirms the strength of the recent breakout and supports the idea of continued upward momentum.
Relative Strength Index (RSI): The RSI is also in a bullish range, suggesting that the stock has strong momentum. This indicates that buyers are in control, increasing the likelihood of further gains.
Trade Plan
Given the favorable technical analysis, here's a suggested trade plan for Dolatalgo:
Entry Point: With the breakout and positive indicators, you could consider entering the trade now. However, ensure the stock maintains its upward trajectory to avoid false breakouts.
Stop-Loss: To manage risk, set a stop-loss below the last day's low. This approach gives the stock some room for natural fluctuations while protecting you from significant losses. The stop-loss in this scenario would represent a risk of about 14%.
Target Levels:
First Target: The initial target for this trade could be a gain of approximately 31%. This is a reasonable goal considering the recent momentum and market sentiment.
Second Target: If the stock continues to perform well, the second target could be a gain of about 61%. This target accounts for potential further upside if the breakout sustains.
Risk Management
Managing risk is critical, especially in a volatile market. Here are some suggestions for risk management:
Trailing Stop-Loss: After achieving the first and second targets, consider using a trailing stop-loss with Supertrend or EMA to protect gains while allowing the trade to run. This approach will enable you to lock in profits as the stock price increases.
RSI Trendline: Keep an eye on the RSI trendline. If it starts to break down, it could signal weakening momentum. In this case, consider exiting the trade to avoid potential losses.
Conclusion
Dolatalgo's breakout above its 2021 high is a promising development, backed by strong volume and positive technical indicators like the EMA and RSI. With a well-defined entry point, stop-loss, and targets, you can approach this opportunity with a clear strategy. By using a combination of trailing stop-loss and RSI monitoring, you can manage your risk effectively while capitalizing on the potential for significant gains. Let's see how the trade develops and stay alert for any signs of a trend reversal.
Dolat algotech Price actionFrom price action perspective looking strong,
In any correction good to look this type price action stock.
-Monthly close above resistance , with monthly strong volume candle.
- Retest with low selling volume .
SL below monthly candle low (62) stop loss is high around 20% from cmp.
Add in part to minimum risk.
DOLATALGO - Dolat Algotech Ltd - An Opportunity to Buy & HoldAs per previous chart history and current chart pattern, it is indicating to buy this stock at CMP or wait for a pullback to the buy zone as mentioned on the chart.
Also, as per technical analysis in one hour time frame, it is strongly indicating to buy this stock.
Do your own research before buying because I am not SEBI registered person to suggest any stock and this is my personal opinion based on my technical analysis
Thanks for your support as always
DOLATALGO BUY DOLATALGO Uptrend
Trade Reason :
1) Strong fundamental
2) Trend Reversal For Trend .
Entry - 78 Rs
Target - 87 , 95 and 117 Rs
Stoploss - 59 Rs
Thank You ..
DOLATALGOThese are Swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
CUP AND HANDLE PATTERNDOLAT ALGO in Formation of Cup and Handle pattern
Pleasure to have you here. This is an analysis done for the Tickr, and potential in the Technicals.
In this Chart ,which has been slightly in uptrend
if you like the idea please like the post :) It will be a motivation to further such ideas.
Disclaimer Note:-
1) This is just an analysis setup and no advice to trade/trade
2) If you are making position, please have your risk to reward analysis and then enter.
3) The analysis and target shared does not mean i trade in them, entry and exit depends on the market open and other factors.
Breakout and perfect pullbackHuge consolidation, Volume and Breakout, all recipe of a good trade opportunity. Middle redline is trade initiations, stop of consolidation lows. Target is for short/medium period.Let's see how does market react.
Bullish on DolatalgoSee the levels and check how the level are working .
after long consolidation zone it has to give BO.
Level are mention in the chart .
CMP 58
Stoploss is 50 for more precaution on WCLBS.
Dolat Algo looks good at dips around 101 levels and targets 123After a 25% non stop rally in the stock we may see some retracement to 101 levels. Stock might find support at that level and continue its upward journey to an immediate 123 levels. Huge volumes and price action seen in the last the 2 days.
