NSE: DCAL is closing with a bullish consolidation breakout 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 moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on...
1. DCAL given breakotu from H&S pattern 2. RSI positive divergance 3. Crossed 0.23 FIb retracement 4. have to wait to make fallinge wedge and get entry from breakout
EQUITY levels ...21/06/2021 (D candle)
DCAL is undervalued compared to peers (LAURUS LABS, NEULAND LABS etc) in Specialty Chemical space. While it is a turnaround story in the making at a fundamental level, it is interesting to note how it is following the Fib retracement patterns.
Stock: DCAL Looking Bullish now. It was broken at 23.6 Fibo Level & Good Breakout today with volume. For New Trade, If Break 104, Expect Further Upside with above marked targets 109,125,150++ Dedicated to: Krushna Narkhede
All I have to say is.. ewa gun deze entry