Today's stock for analysis is DCXINDIA.
This stock was recently listed nearly 50% premium over the IPO issue price of 207. Since its listing, the stock is in continuous downtrend as seen on chart.
However, from past few days, we can see a retracement coming from levels of 150 in the stock. RSI positive divergence is also visible.
175-178 is a strong supply zone above which the stock can move quickly towards 193-195 levels which is its 38.2% retracement of downtrend.
Study the chart and kindly trade as per your own analysis.
This stock was recently listed nearly 50% premium over the IPO issue price of 207. Since its listing, the stock is in continuous downtrend as seen on chart.
However, from past few days, we can see a retracement coming from levels of 150 in the stock. RSI positive divergence is also visible.
175-178 is a strong supply zone above which the stock can move quickly towards 193-195 levels which is its 38.2% retracement of downtrend.
Study the chart and kindly trade as per your own analysis.
Anmerkung
As explained- above 175 , the stock raced towards 194.85Anmerkung
227 from 175Anmerkung
238 from 175!250 will act as a major resistance
Anmerkung
V shape recovery.No big retracements at all.
290 from 175!
Haftungsausschluss
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.