Dalmia Bharat Ltd (NSE) – Swing Trade SetupThe stock **Dalmia Bharat Ltd (DALBHARAT)** is approaching a **strong multi-support zone**, making it a potential **swing trade opportunity** for bullish traders.
### **📊 Key Technical Analysis:**
✅ **Multiple Rejections at Support** – Price has tested the **1,715 - 1,708 zone** multiple times and bounced, indicating strong **buying interest**.
✅ **50-Day Moving Average Resistance** – If price reclaims above this level, a strong breakout rally could follow.
✅ **Bullish Reversal Pattern** – The price action shows **rejection wicks** at the lows (highlighted in red), signaling demand from buyers.
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### **🎯 Trade Plan – Potential Upside Targets:**
🔹 **Entry Zone:** **1,715 - 1,708** (Near Support)
🔹 **First Target:** **1,850** (Psychological Level)
🔹 **Second Target:** **1,935 - 1,938** (Major Resistance Zone)
📌 **Stop-Loss Below:** **1,672** (Below Support Zone)
🔻 **Risk Management:**
⚠️ Avoid holding if price breaks **below 1,672**, as it could lead to further downside.
⚠️ Use a **risk-reward ratio of 1:2 or better** for optimal trade execution.
DALBHARAT trade ideas
DalbharathAll is well
Good day
Just my view and educational purposes only I'm not a SEBI registered advisory...trade on your own risk.
This is simple ORB Strategy with volume breakout..i will enter EOD 3.25pm if the price trade above the blue line and after entry I will wait for my target or stoploss (D candle should close below the red line) in valid if direct not triggered and closed below red line..
Just a view educational purposes only
Dalmia Bharat Ready for a Bounce!
Current Market Price: 1975
Stop Loss: 1880
Targets: 2040, 2141
Extended Target: 2262 (if it crosses 2141)
Key Reasons:
Small contraction breakout above the Fibonacci 38% level.
Strong bounce from trendline support.
Continuous lower lows followed by a breakout of the lower high pattern, indicating potential for more upside.
📉 Risk Management: As the market is volatile, it's crucial to manage risk effectively with appropriate position sizing.
📊 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions.
#DalmiaBharat #MarketAnalysis #TechnicalBreakout #RiskManagement #InvestmentOpportunities
POLE FLAG WITH ROUNDING BOTTOM IN DALMIA BHARATWe can See a trend change in Dalbharat...
Phase 1 Downside - Done
Phase 2 Sideways Consolidation - on going
Phase 3 Trend continuation or Reversal - NEXT
For Short term we can see Pole flag formation in Dalbharat after trendline break
For long term if the pole and flag gets activated we can see Cup and Handle next.
Dalbharat has been trading in range and consolidating...
Dotted Trendline should act as Upside support
Idea Invalid if 1840 broken on DCB
Planned Positional Long Trade in DALBHARAT
In the picture above we have drawn Trendlines to understand the direction of the Price. We see that Price has come down violating the Demand areas and respecting the Supply areas forming Lower Lows, hence was in a clear downtrend
Now most of the times before changing the trend price goes sideways
Here we see Price clearly going sideways. So we know there will be a change in Trend from Down to Sideways to UP Let's see how
An Uptrend has a Source from where the Trend starts and there is a point which we have called as a Destination of the Trend where it is trying to reach. So we have the Start point and End point of this upcoming Buy Trend.
Let's Understand the Demand and Supply Curve wrt to Price here
This tells us where is low, middle and high, course as traders we gotta buy low and sell high and avoid the middle area. This clearly tells us where is low and where is high.
After reacting to the Weekly Source Demand, in the Daily chart we see that Price has formed a Daily Demand which has violated its previous High which confirms Buying Momentum.
Now we have two possibilities for outcome of this Trade either it will take the SL or it will take the Target.
As a Trader we have to ensure our Reward to Risk ratio is favourable enough making the Risk practically worth taking.
Trade Type : Position Swing Trade
Entry : 1861.35
SL : 1794.25
Target : 2220.35
Reward : 359
Risk : 67.10
Ratio : 5.35/1
Dalmia Bharat Ltd. – Technical Analysis and Key Levels to WatchAs of today, Dalmia Bharat Ltd. is trading around ₹1,910.35. The stock has been consolidating in a defined range, with key levels providing important insights into potential future price movements.
Key Price Levels:
Immediate Resistance – ₹1,966 (5.02% above current price):
The stock faces its first significant resistance at ₹1,966. A breakout and sustained move above this level could signal a bullish trend continuation.
Next Resistance – ₹2,060.90:
If the stock manages to break ₹1,966 with strong momentum, the next upside target would be ₹2,060.90, representing the next key resistance zone.
Support Levels:
₹1,910:
This is the current level, which has been tested multiple times and is acting as immediate support.
₹1,847
: A stronger support zone, which has seen significant accumulation as indicated by volume profile analysis.
[
b]Technical Indicators:
Volume Profile
: There is notable accumulation around the ₹1,800-₹1,850 range, showing strong buying interest. The high volume in this area indicates it as a solid support zone.
Moving Averages:
The stock is trading close to key moving averages, including the 200-day moving average. A decisive breakout above these averages would reinforce the bullish outlook.
RSI (Relative Strength Index):
The RSI is currently neutral but trending upwards, suggesting the stock is gaining momentum without being in overbought territory.
Potential Scenarios:
Bullish Breakout:
A breakout above ₹1,966, especially with strong volume, could lead to a further rally toward ₹2,060.90 and beyond. This would confirm a bullish trend reversal.
Failure to Breakout:
If the stock fails to break above ₹1,966, we may see it retest the support zones at ₹1,910 or ₹1,847, leading to further consolidation.
Conclusion:
The ₹1,966 level is the immediate resistance to watch closely. A breakout above this level could unlock significant upside potential, with the next target being ₹2,060. However, failure to sustain above this could lead to consolidation in the range of ₹1,847-₹1,966. Traders and investors should monitor these levels for potential trading opportunities.
Prominent Player from Sugar And Ethanol Blending industry.Current updates on Sugar Industry and ethanol blending progress from govt. of India may bring fresh run in all Sugar stocks.
Dalmia Bharat is prominent leader in Sugar industry.
Good Bounce from Support and have given breakout from downward trendline.
Breakout awaited from base formation. Once this breakout is confirmed, we can take an entry for target of 2400.
View is neglected once the support is breached.
Fresh buying after resistance is breached.
No Buy /Sell Reco, please do your analysis before taking trade.
Happy investing.
Stay Invested.
Dalmia Bharat next week target 1860Dalmia Bharat could be a good stock for the next week which looks better as per technical analysis, the stock is up trending on the daily chart. The stock is trading 53% on the daily chart as per the RSI indicator, indicating the strength of the stock. This stock can prove to be a better option for buying next week.
Inverted Head and Shoulder Pattern breakout in DALBHART🔍 Technical Analysis on DALBHARAT (1-Hour Timeframe):
Pattern Formation:
An Inverted Head and Shoulders pattern has recently formed and broken out on the 1-hour chart of DALBHARAT. This bullish reversal pattern is often a strong indicator of a potential upward movement, particularly after the breakout from the neckline.
Breakout and Entry Point:
The breakout occurred as the price crossed above the neckline, which was near the 1795 level. This breakout is a key signal for a potential long entry. Traders can consider going long above 1795, anticipating further upward movement.
Projected Target:
Based on the head height of the pattern, the projected target for this breakout is around 1865+. This target is derived by measuring the distance from the head (the lowest point) to the neckline and adding it to the breakout point. The 1865 level serves as the potential upside target, representing the full price move expected from this pattern.
Stop Loss Consideration:
To manage risk, a small stop loss can be placed at 1751, which is safely below the neckline and the recent low, allowing some room for market fluctuations without prematurely exiting the trade.
Summary:
Entry: Above 1795
Target: 1865+
Stop Loss: 1751
This trade setup aligns with the technical structure of the inverted head and shoulders pattern, offering a favorable risk-to-reward ratio for those looking to capitalize on the potential bullish momentum in DALBHARAT.
Charting with Elliott WavesUnderstanding how to do Technical Analysis of any chart based on Elliott Waves
This analysis is for educational purposes only and should not be considered as trading advice. Multiple scenarios are possible in the real market, and there is a risk of being wrong. It is essential to consult with a financial advisor before making any trading or investment decisions. We are not responsible for any profits or losses incurred based on this analysis.
Wave Rules:
Wave 2 cannot retrace more than 100% of Wave 1.
Wave 3 is never the shortest wave.
Wave 4 should not overlap with Wave 1's price territory, except in diagonal triangles.
Applying Elliott Wave Theory
Elliott Wave Theory is a powerful tool for traders, but it requires practice and a deep understanding of market psychology. By analyzing wave patterns, degrees, and Fibonacci relationships, traders can gain insights into potential market trends and make informed trading decisions. It is important to combine Elliott Wave analysis with other technical indicators and risk management strategies to enhance the accuracy and reliability of market forecasts.
Elliott Wave Theory provides a comprehensive framework for understanding market cycles and predicting price movements. By mastering its principles and applying them with discipline, traders can enhance their ability to navigate the financial markets and capitalize on emerging trends.
Let's understand study of this chart
Current Wave Structure
Primary Wave Count:
- The chart illustrates a completed five-wave impulse sequence (1-2-3-4-5) followed by a corrective phase.
- The primary impulse wave (labeled in red) has completed its cycle, marked by a significant peak at Wave 5.
- The subsequent corrective wave (labeled in blue as (4)) has also completed, indicating a potential beginning of a new impulse sequence.
Subwave Count:
- The internal structure of the primary waves shows clear subwaves, especially within the third wave, which is typically the strongest and longest.
- The chart depicts detailed labeling of smaller degree waves (i-ii-iii-iv-v), ensuring adherence to Elliott Wave principles.
Recent Breakout Analysis
Breakout Confirmation:
- Recently, the price has broken out from a consolidation zone, supported by increased trading volumes. This is a positive sign indicating strong market interest and momentum.
- The breakout occurred after the price retested the previous resistance level, which now acts as a support. This successful retest enhances the credibility of the breakout.
Future Projections
Impulsive Bias:
- Based on the wave structure, the stock appears to be in the early stages of a new impulse wave. This suggests a bullish outlook with potential for significant upward movement.
- The immediate target for this impulse wave is the 1.618 Fibonacci extension level at INR 2,976.60, aligning with typical Elliott Wave projections for Wave 3.
Invalidation Level:
- The nearest invalidation level for this bullish scenario is marked at INR 1,651.40. A break below this level would suggest a re-evaluation of the wave count and the current bullish bias.
Conclusion
The technical analysis of Dalmia Bharat Ltd. indicates a favorable outlook for continued upward movement, supported by a clear Elliott Wave structure and recent breakout confirmation with good volume. However, traders should monitor the invalidation level closely.
I am not Sebi registered analyst. My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.