Dalmia Bharat - Cup & Handle and Inverse Head and Shoulder
Dalmia Bharat is making inverse head and shoulder and also a cup and handle formation. We can see price movement to 2900-3700. We can see a inverse Head and Shoulder pattern and a technical target pf 2900. And if we a longish Cup and Handle pattern, once we get confirmation, we can see price moving to 3700.
Other factors:
1. RSI is above 60
2. MACD is positive
Given the target is huge, we can expect some longer holding period.
"Clean Charts, Easy Charts"
Learning and Earning!!!
Cheers!!
Other factors:
1. RSI is above 60
2. MACD is positive
Given the target is huge, we can expect some longer holding period.
"Clean Charts, Easy Charts"
Learning and Earning!!!
Cheers!!
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