DCX - Rounding Bottom | Rising Volume

18. Mai 2023

After the listing, the stock was in extended downtrend.

From April month onward, trend reversal observed with rounding bottom pattern. The stock convincedly formed the strong base and moving upward for expected target of 50% from current level.

Other factors considered are 20 & 50 ema and Rising Volume.

Entry at retest or retrenchment level

Stop Loss below support level or day swing low.

Target - t1/t2/t3/t4

Thanks
-AJ

Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.

19. Mai 2023

Anmerkung

resistance at Rs 200.

25. Mai 2023

Anmerkung

price retested the breakout level.

if today's closing above Rs 200 - opportunity to accumulate.

25. Mai 2023

Anmerkung

strong closing.

1. Juni 2023

Anmerkung

target 1 achieved !!

13. Juni 2023

Anmerkung

target 2 of Rs 243 achieved !!

19. Juni 2023

Anmerkung

target of Rs 265 achieved !!

19. Juni 2023

Trade geschlossen: Ziel wurde erreicht

t1 , t2 , t3 achieved.

Target 4 is definitely achievable, close the position (if any) as per price action.

Thanks
-AJ