DCB BANK LTD

١ ديسمبر ٢٠٢٢

This stock has been formed like rounding bottom chart pattern and done breakout with good intensity of volume in weekly chart, along with many more positive signs aligned with same bias in Macd, Rsi, Dmi adx, Bollinger band etc. This whole scenario is suggesting that this stock could be an investment pick, all the key levels are mentioned in chart with Stop-loss and Targets.

Breakout with good intensity of volume in daily


Breakout with good intensity of volume in weekly


Dmi adx also positive


RK momentum positive


Macd in daily positive crossover and Uptick and also above zero


Macd in weekly positive crossover and Uptick and also above zero line


Rsi in daily above 60 uptick


Rsi in weekly uptick and above 60


Weekly BBC along with trendline breakout


Daily BBC


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Disclaimer
I am not sebi registered analyst
My studies are for Educational purpose only
Please consult your Financial advisor before trading or investing
I am not responsible for any kind of profit or loss