NSE: DAMCAPI | Timeframe: 1W (Weekly)**
After a prolonged downtrend, **DAMCAP Advisors Ltd** is showing strong signs of a **bullish reversal** on the weekly chart:
### 📊 Technical Highlights:
* ✅ **Massive bullish candle** this week with an **18.23% gain** — strong buying interest.
* ✅ **Volume surge** confirms institutional activity.
* 🔁 Price has broken above a **recent resistance zone** (marked in blue), suggesting a possible **trend reversal**.
* 📉 Stock was in a steep downtrend but has **consolidated and is now bouncing** from a base.
* 🔄 Formation resembles a **"rounding bottom"** or **early-stage cup**, hinting at accumulation.
📌 Levels to Watch:
* **Resistance**: 270–275 zone (next hurdle)
* **Support**: 220–225 zone (prior resistance turned support)
* **Targets (Short-term)**: 290 / 320 (if momentum sustains)
LONG TERM TARGET IS ALL TIME HIGH
🧠 Trading Plan:
* **Positional Entry**: On dips towards 245–250 with SL below 220.
* **Aggressive Entry**: Above 270 with confirmation and volume.
* **Risk Management**: Trail stop loss as price moves in favor.
### 📢 Disclaimer:
This is for educational purposes only. Not financial advice. Do your own research before investing.
After a prolonged downtrend, **DAMCAP Advisors Ltd** is showing strong signs of a **bullish reversal** on the weekly chart:
### 📊 Technical Highlights:
* ✅ **Massive bullish candle** this week with an **18.23% gain** — strong buying interest.
* ✅ **Volume surge** confirms institutional activity.
* 🔁 Price has broken above a **recent resistance zone** (marked in blue), suggesting a possible **trend reversal**.
* 📉 Stock was in a steep downtrend but has **consolidated and is now bouncing** from a base.
* 🔄 Formation resembles a **"rounding bottom"** or **early-stage cup**, hinting at accumulation.
📌 Levels to Watch:
* **Resistance**: 270–275 zone (next hurdle)
* **Support**: 220–225 zone (prior resistance turned support)
* **Targets (Short-term)**: 290 / 320 (if momentum sustains)
LONG TERM TARGET IS ALL TIME HIGH
🧠 Trading Plan:
* **Positional Entry**: On dips towards 245–250 with SL below 220.
* **Aggressive Entry**: Above 270 with confirmation and volume.
* **Risk Management**: Trail stop loss as price moves in favor.
### 📢 Disclaimer:
This is for educational purposes only. Not financial advice. Do your own research before investing.
액티브 트레이드
keep holding above our buying level. 노트
Maintain SL and be in trade. we will have gud target in 2 months거래청산: 스탑 닿음
SL HITTED IN THIS TRADE BUT IT HAS TO BE IN MY WATCH LIST면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
