Dodla Dairy looks delicious Dodla Dairy Ltd. engages in procurement of milk and milk products. It offers various milk products like butter, ghee, paneer, curd, flavored milk, doodh peda, ice cream and skimmed milk powder. The firm procures and sells milk and milk products across India.
Dodla Dairy Ltd. CMP is 1220.40. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding, Annual Profit Growth higher than Sector Profit Growth. The Negative aspects of the company are High Valuation (P.E. = 34), MFs decreased their shareholding last quarter and Poor cash generated from core business.
Entry can be taken after closing above 1223 Targets in the stock will be 1260 and 1298. The long-term target in the stock will be 1345. Stop loss in the stock should be maintained at Closing below 1126 or 1079 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
DODLA trade ideas
Bullish opportunity - Swing trade This stock has been on a continuous uptrend for the past year, recently breaking out of a double bottom pattern and reaching an all-time high. We’ve observed strong volume leading up to this breakout, and the stock is currently consolidating around the breakout zone. With proper risk management in place, we can anticipate a potential return on investment of 12%.
DODLA1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge. No other thoughts
4. An edge is nothing more than an indication of a higher probability of one thing happening over another.
5. Every moment in the market is unique.
DODLA Diary Ltd view for Intraday 11th September #DODLA DODLA Diary Ltd view for Intraday 11th September #DODLA
Short term level need to sustain above 1305
Buying may witness above 1305
Support area 1370. Below ignoring buying momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
DODLAStock name = Dodla Dairy Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Rocket in launchpad #baaofbreakoutEntry CMP
STOP 711
Breakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights into shifts in market sentiment and potential price movements.
3. **Entry Points:** Breakout points serve as potential entry points for traders looking to ride the momentum of a newly established trend. Buying on a breakout can capture the early stages of a price movement.
4. **Confirmation of Strength:** Successful breakouts indicate the strength of a trend. If an asset breaks out with high volume and follows through with sustained price movement, it suggests a strong trend in that direction.
5. **Avoiding False Signals:** Breakout strategies often include using indicators or confirmation signals to avoid false breakouts. This can enhance the accuracy of trade decisions.
6. **Defined Risk and Reward:** Breakout trading allows for setting clear stop-loss levels below the breakout point, which helps manage risk. Traders can also calculate potential profits based on the distance between the breakout point and a projected target.
7. **Adaptable to Various Markets:** Breakout trading can be applied to various markets, including stocks, forex, commodities, and cryptocurrencies. The concept remains consistent across different assets.
8. **Flexibility:** Traders can adapt breakout strategies to their preferred timeframes, whether they are day traders, swing traders, or long-term investors.
9. **Liquidity Opportunities:** Breakout points are often associated with increased trading volume, which can provide better liquidity for executing trades.
10. **Risk vs. Reward Assessment:** Traders can evaluate the potential risk of a trade (stop-loss) against the potential reward (target price), aiding in decision-making and portfolio management.
11. **Psychological Advantage:** Successful breakout trades can boost a trader's confidence and discipline, reinforcing the effectiveness of their strategy.
12. **Market Events:** Breakouts can occur around significant market events such as earnings reports, economic data releases, or geopolitical developments, offering traders opportunities to capitalize on sudden price movements.
Remember, while breakout trading offers potential advantages, it also carries risks. False breakouts and market reversals can lead to losses. Successful implementation requires a solid understanding of technical analysis, risk management, and the ability to adapt to changing market conditions.
#DODLA ( Dodla Dairy Ltd ) Ready for a potential breakout !🌟🌟- Long IPO base breakout & again consolidating in small base.
🌟- Breakout above 790🌟
🌟- Price Respecting 20 EMA Beautifully
🌟- 50% upthrust seen in stock recently.
🌟- Company is debt free.
🌟- RR Favorable for going long.
Don't forget to hit that❤️for a like🔁for a share,and🔖for a bookmark!
DODLA DAIRY LTDDODLA DAIRY LTD (1D)
CMP 743.25
Symmetrical Triangle pattern is formed
Price moving in small range
Breakout can be seen
Recently company posted highest quarterly net profit in Quarterly Results
Recently the Stock Price blasted with big volumes
As of now stock has not broken that range so I am expecting a big move from this levels