Dalmia Bharat Ltd.
No trades
Market insights
DALBHARATNSE:DALBHARAT
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
All time hight • Value in the chart is similar to Mount Everest in series. • Left shoulder start building from July 2021 to September 2021. • Left shoulder High 2300-2370 life time. • Header and shoulder pattern breakout in the dalmiabharth chart. This level, which peaked in July 2021 and acts as resistance, descends to the 1840 level (50 SMA Weakly chart).
Right shoulder encounters resistance between 2280 and 2300, with a downward (100sma) support level of 1860–1870. Header formation from 2300 level to 1200–1220 (200sma) level was accomplished over a two-year period.
Today's stock closed above this level, confirming that the stock has broken out at the 2290-2300 level and that it has sustained all-time high levels.
• This pattern's target is 3300, with a stop loss of 2190 points below this level as the baseline.
No recommendation for buy and sell
Take your own analysis
DALMIA BHARAT LTD – Bullish BreakoutKey Points:
- Resistance Level breakout
- RSI near 70 and Crossed RSI MA
- EMA crossed and good potential of up-move
- Potential upside of 19%
- Volume above SMA
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
DALBHARAT - Bullish Swing Reversal with VolumesNSE: DALBHARAT is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
DALBHARATNSE:DALBHARAT
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
DALBHARATDalbharat is on the way to complete cup n handle pattern on daily charts, its not confirmed yet but i presume it ll so you dont have lose points till breakout.
Risk-Reward is very much favourable to bulls.
Could be bought with mentioned stoploss & targets in a month time. So buy in delivery & hold for good returns.
Dalmia Bharat Ltd - Short-term SwingDalmia Bharat Ltd - Short-term Swing
1. Cup with Handle pattern formed.
2. Once it crosses 1640 it will start firing...
3. Target will be 1980 to 2000
4. Between it has a resistance at 1800.
5. If the stocks move downwards, below 1470 we have a stop loss.
6. based on the market condition it will in a positive direction.... fingers crossed...
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...






















