DCX - Rounding Bottom | Rising Volume

2023년 5월 18일

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.

2023년 5월 19일

노트

resistance at Rs 200.

2023년 5월 25일

노트

price retested the breakout level.

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

2023년 5월 25일

노트

strong closing.

2023년 6월 1일

노트

target 1 achieved !!

2023년 6월 13일

노트

target 2 of Rs 243 achieved !!

2023년 6월 19일

노트

target of Rs 265 achieved !!

2023년 6월 19일

거래청산: 타겟 닿음

t1 , t2 , t3 achieved.

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

Thanks
-AJ