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Tyrant
Feb 24, 2018 9:20 AM

Dalmia Bharat : Since 2013 up by 3700%, Now Ready to correct 50% 

Description

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.. :)

Comment

Made a low @ 2574. Waiting for 2100 Levels..
Comments
guptark27
Great Analysis
May I request you for a detailed analysis on Texmaco Rail and BSE LTD
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