Dalimia Bharat ltd Gave a super Return in last 5 years, Price rallied almost 3700% apx from low of 89 in 2013. Now it's Ready to Correct 50% form It's Peak.
This Counter Already Started underperforming in December 2017 & January 2018 When Markets were Touching All time Highs.
Loooking at Current Structure it is very much likely that it can correct more form this levels.
50% Correction From Its pick is visible, well i hope it isn't too much correction for a stock which rallied 3700% in Previous 5 year cycle.
It Just A View. And i love to go wrong.. Again & Again.. :)
This Counter Already Started underperforming in December 2017 & January 2018 When Markets were Touching All time Highs.
Loooking at Current Structure it is very much likely that it can correct more form this levels.
50% Correction From Its pick is visible, well i hope it isn't too much correction for a stock which rallied 3700% in Previous 5 year cycle.
It Just A View. And i love to go wrong.. Again & Again.. :)
Comment:
Made a low @ 2574. Waiting for 2100 Levels..
