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vikasbhekare
Oct 6, 2023 3:11 PM

DBSTOCK looks bullish  Long

DB INTL STOCK BROKNSE

Description

DBSTOCK looks bullish on the monthly time frame. It has been forming a Cup and handle pattern and is ready to break its neckline. RSI on the monthly time frame has already crossed 60 and is about to strike 60 on the weekly and daily time frame. Volume is increasing gradually. Even if it hits our 2nd target, we can achieve over 5 risk-to-reward ratio. One can hold the position for a long with a moving stop loss order from higher low to higher low.
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