DOL has been in Uptrend since Jul 2022, it spent around two years in Re-Accumulation phase.
It broke out of this Re-Accumulation Zone in Dec 2024.
It re-tested this Breakout in Multiple Bottom Pattern since then.
It has now broke out of this Re-Test Zone yesterday and pulled back today.
It's at ideal levels to buy for next leg of uptrend.
🚨 TECHNICAL BUY CALL – DOL 🚨
🎯 BUY ZONE: Rs. 28-30
📈 TP 1: Rs. 33.80
📈 TP 2: Rs. 35.10
🛑 STOP LOSS: BELOW Rs 27 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.1
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
It broke out of this Re-Accumulation Zone in Dec 2024.
It re-tested this Breakout in Multiple Bottom Pattern since then.
It has now broke out of this Re-Test Zone yesterday and pulled back today.
It's at ideal levels to buy for next leg of uptrend.
🚨 TECHNICAL BUY CALL – DOL 🚨
🎯 BUY ZONE: Rs. 28-30
📈 TP 1: Rs. 33.80
📈 TP 2: Rs. 35.10
🛑 STOP LOSS: BELOW Rs 27 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.1
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.