DBREALTY trade ideas
Break out possible
High probability Break out possible in DB Reality.If DB Reality break the the level of 284.50 and because of increasing volume form last couple of days we can see a up side move if stock take rejections from the levels of 284.50 avoid it keep DB Reality in your watch list
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DB REALITY : BULLISH CHANNEL DB REALITY: Recently make double bottom on daily /Weekly time frame to coming up side.
Best Fresh Entry 68 72 With Stop 64
can go upside 100 124 148+++
Observations -
1. Strong demand to come upside
2. Double bottom on daily chart
3. Double bottom on Weekly chart
4. Making properly XABCD drawing
5. volume also supporting the positive trend development
Disclaimer: Our view only for Educational awareness. do your own due diligence.
Weekly bullish compressing from down side wadge at top.I have checked from many times in below priceaction momentum indicator it showing green signal and also the price is compresing from both side and making down side wadge.
Every one can check with their experiance I think its buy will come after 110. It will take more time to come up and settle in uptrend.