DSIL Long Trade
Rationale: DSIL broke out of a bearish channel (potentially reversing trend) and seems ready to resume its uptrend. Targets are deduced from price action and quantified displacement method.
🚨 TECHNICAL BUY CALL – DSIL🚨
- Buy 1: Current level (Rs. 5.9)
- Buy 2: Rs. 5.7
- Buy 3: Rs. 5.3
- TP 1: Rs. 6.51
- TP 2: Rs. 7.10
- TP 3: Rs. 7.60
- TP 4: Rs. 8.20
Stop Loss - Below Rs. 5 closing basis
Risk-Reward Ratio - 1:3
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
Rationale: DSIL broke out of a bearish channel (potentially reversing trend) and seems ready to resume its uptrend. Targets are deduced from price action and quantified displacement method.
🚨 TECHNICAL BUY CALL – DSIL🚨
- Buy 1: Current level (Rs. 5.9)
- Buy 2: Rs. 5.7
- Buy 3: Rs. 5.3
- TP 1: Rs. 6.51
- TP 2: Rs. 7.10
- TP 3: Rs. 7.60
- TP 4: Rs. 8.20
Stop Loss - Below Rs. 5 closing basis
Risk-Reward Ratio - 1:3
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.