The stock DALBHARAT is currently testing the breakout region between ₹2200–₹2250, which aligns with the 21 EMA — a potential confluence zone.
Traders may observe price action near this level for signs of a bounce. If the retest holds, there could be scope for upward movement toward previous highs.
Note: The risk-reward setup appears favorable based on current chart structure.
Disclaimer
This is a personal technical analysis and not a recommendation to buy or sell any securities. Please do your own research or consult a SEBI-registered investment advisor before making any investment decisions. Trading in financial markets involves risk.
Traders may observe price action near this level for signs of a bounce. If the retest holds, there could be scope for upward movement toward previous highs.
Note: The risk-reward setup appears favorable based on current chart structure.
Disclaimer
This is a personal technical analysis and not a recommendation to buy or sell any securities. Please do your own research or consult a SEBI-registered investment advisor before making any investment decisions. Trading in financial markets involves risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.