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DALBHARAT

POLE FLAG WITH ROUNDING BOTTOM IN DALMIA BHARATWe can See a trend change in Dalbharat... Phase 1 Downside - Done Phase 2 Sideways Consolidation - on going Phase 3 Trend continuation or Reversal - NEXT For Short term we can see Pole flag formation in Dalbharat after trendline break For long term if the pole and flag gets activated we can see Cup and Handle next. Dalbharat has been trading in range and consolidating... Dotted Trendline should act as Upside support Idea Invalid if 1840 broken on DCB
NSE:DALBHARATLong
by tradingwithlogics
Planned Positional Long Trade in DALBHARAT In the picture above we have drawn Trendlines to understand the direction of the Price. We see that Price has come down violating the Demand areas and respecting the Supply areas forming Lower Lows, hence was in a clear downtrend Now most of the times before changing the trend price goes sideways Here we see Price clearly going sideways. So we know there will be a change in Trend from Down to Sideways to UP Let's see how An Uptrend has a Source from where the Trend starts and there is a point which we have called as a Destination of the Trend where it is trying to reach. So we have the Start point and End point of this upcoming Buy Trend. Let's Understand the Demand and Supply Curve wrt to Price here This tells us where is low, middle and high, course as traders we gotta buy low and sell high and avoid the middle area. This clearly tells us where is low and where is high. After reacting to the Weekly Source Demand, in the Daily chart we see that Price has formed a Daily Demand which has violated its previous High which confirms Buying Momentum. Now we have two possibilities for outcome of this Trade either it will take the SL or it will take the Target. As a Trader we have to ensure our Reward to Risk ratio is favourable enough making the Risk practically worth taking. Trade Type : Position Swing Trade Entry : 1861.35 SL : 1794.25 Target : 2220.35 Reward : 359 Risk : 67.10 Ratio : 5.35/1
NSE:DALBHARATLong
by WavesandZones
Inverted Head and Shoulder Pattern breakout in DALBHART🔍 Technical Analysis on DALBHARAT (1-Hour Timeframe): Pattern Formation: An Inverted Head and Shoulders pattern has recently formed and broken out on the 1-hour chart of DALBHARAT. This bullish reversal pattern is often a strong indicator of a potential upward movement, particularly after the breakout from the neckline. Breakout and Entry Point: The breakout occurred as the price crossed above the neckline, which was near the 1795 level. This breakout is a key signal for a potential long entry. Traders can consider going long above 1795, anticipating further upward movement. Projected Target: Based on the head height of the pattern, the projected target for this breakout is around 1865+. This target is derived by measuring the distance from the head (the lowest point) to the neckline and adding it to the breakout point. The 1865 level serves as the potential upside target, representing the full price move expected from this pattern. Stop Loss Consideration: To manage risk, a small stop loss can be placed at 1751, which is safely below the neckline and the recent low, allowing some room for market fluctuations without prematurely exiting the trade. Summary: Entry: Above 1795 Target: 1865+ Stop Loss: 1751 This trade setup aligns with the technical structure of the inverted head and shoulders pattern, offering a favorable risk-to-reward ratio for those looking to capitalize on the potential bullish momentum in DALBHARAT.
NSE:DALBHARATLong
by TradZoo
Charting with Elliott WavesUnderstanding how to do Technical Analysis of any chart based on Elliott Waves This analysis is for educational purposes only and should not be considered as trading advice. Multiple scenarios are possible in the real market, and there is a risk of being wrong. It is essential to consult with a financial advisor before making any trading or investment decisions. We are not responsible for any profits or losses incurred based on this analysis. Wave Rules: Wave 2 cannot retrace more than 100% of Wave 1. Wave 3 is never the shortest wave. Wave 4 should not overlap with Wave 1's price territory, except in diagonal triangles. Applying Elliott Wave Theory Elliott Wave Theory is a powerful tool for traders, but it requires practice and a deep understanding of market psychology. By analyzing wave patterns, degrees, and Fibonacci relationships, traders can gain insights into potential market trends and make informed trading decisions. It is important to combine Elliott Wave analysis with other technical indicators and risk management strategies to enhance the accuracy and reliability of market forecasts. Elliott Wave Theory provides a comprehensive framework for understanding market cycles and predicting price movements. By mastering its principles and applying them with discipline, traders can enhance their ability to navigate the financial markets and capitalize on emerging trends. Let's understand study of this chart Current Wave Structure Primary Wave Count: - The chart illustrates a completed five-wave impulse sequence (1-2-3-4-5) followed by a corrective phase. - The primary impulse wave (labeled in red) has completed its cycle, marked by a significant peak at Wave 5. - The subsequent corrective wave (labeled in blue as (4)) has also completed, indicating a potential beginning of a new impulse sequence. Subwave Count: - The internal structure of the primary waves shows clear subwaves, especially within the third wave, which is typically the strongest and longest. - The chart depicts detailed labeling of smaller degree waves (i-ii-iii-iv-v), ensuring adherence to Elliott Wave principles. Recent Breakout Analysis Breakout Confirmation: - Recently, the price has broken out from a consolidation zone, supported by increased trading volumes. This is a positive sign indicating strong market interest and momentum. - The breakout occurred after the price retested the previous resistance level, which now acts as a support. This successful retest enhances the credibility of the breakout. Future Projections Impulsive Bias: - Based on the wave structure, the stock appears to be in the early stages of a new impulse wave. This suggests a bullish outlook with potential for significant upward movement. - The immediate target for this impulse wave is the 1.618 Fibonacci extension level at INR 2,976.60, aligning with typical Elliott Wave projections for Wave 3. Invalidation Level: - The nearest invalidation level for this bullish scenario is marked at INR 1,651.40. A break below this level would suggest a re-evaluation of the wave count and the current bullish bias. Conclusion The technical analysis of Dalmia Bharat Ltd. indicates a favorable outlook for continued upward movement, supported by a clear Elliott Wave structure and recent breakout confirmation with good volume. However, traders should monitor the invalidation level closely. 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 kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:DALBHARATEducation
by RK_Chaarts
DALBHARAT has 55% upside open from CMP...15% in near term.Another day another Cement stock! The cement sector does not seem to have any shortage of upside potential even in 2024. Another stock with a good trading setup is DALBHARAT. The stock is entering into wave III of Wave III of Wave 3(i know it sounds crazy but that's how the extensive sub-division of cement stocks has been) INR 2260 which happens to be reversal point today intraday for the stock will act as a crucial support for the stock. INR 2600 could be the very near-term target on the stock while INR 3500 will the target for those who wish to hold this for a bit longer duration. The Risk-reward from current levels can not really get better.
NSE:DALBHARATLong
by neeraj_2_sharma
DALBHARAT - Bullish Swing Reversal with VolumesNSE: DALBHARAT is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:DALBHARATLong
by BrahmaBull31