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LearnersParadise
Oct 19, 2020 2:26 PM

Dalbharat- A Long Term Trendline Break Long

DALMIA BHARAT LTDNSE

Description

Multiple touches marked on the trendline for the reference.
Repeating once again that if a resistance is being tested again and again it becomes weak with every touch.
Along with multiple touches we can now also see that price is sticking to higher levels and it is now creating a triangle as well.
I have marked volumes too which will play an important role in coming days as well. I hope from my previous posts people have learned important of volumes.. Can be a good bet.

Keep an eye folks . Happy Trading.

Disclaimer:- I am not SEBI registered . Trade with caution and your own risk.
Comments
sharewasi
All your charts are great.
Hope to learn something from you
LearnersParadise
@sharewasi, it is my pleasure that you liked my charts.:)
and about learning all my observations and charts are simple. stock market mein if we keep things simple we can do wonders.
Still if i can be of any help please let me know.
sharewasi
@LearnersParadise,
Can you give me broad guidelines how to short list the scripts and what indicators to look for the same.
LearnersParadise
@sharewasi, indicators huuuuuh not really. This is the most fancy things to misguide everyone.
Regarding shortlisting I look at all the charts on daily basis. That is how I shortlist.
Nothing fancy it's all visualisation of eyes.
Navanit_Anand
kal wali PIIND ne to amazing move diya. Thanks
LearnersParadise
@Navanit_Anand, My pleasure
Vk_Sharma
higher volume will improve in price , i mean it goes upside
I m right or wrong bhaiya ji
LearnersParadise
@Vk_Sharma, Higher volume reflects buyers interest which will push price higher
Still be careful
Vk_Sharma
@LearnersParadise, then what is next step
For determine .. about this type of situation
LearnersParadise
@Vk_Sharma, Next step is to enter the trade with proper SL. :)
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