DLink, looks strong in monthly and weekly, multiple times sellers have attempted to bring the price down at the major supply zone of 228-253, but buyers have won and the stock is moving up. Weekly is moving in a narrow range consolidation, 3rd week, now, post the triangle compression breakout that happened. One may look for consolidaiton BO in the upper side...
D-link given breakout fisrt from H&S pattern weekly time frame now its givven breakout from Weekly time frame in longer time frame with very high volume
Goodluck Capital Recommendation Buy D-Link (India)Ltd (NSE: DLINKINDIA) Buy Range - 86-91 Target - 110-120 Potential Return^ 24-36% Once 1st target hit, reset StopLoss at 100 ^ Potential returns are calculated based on the median of buy range.
Hidden +ive divergence in RSI. Multiple tops around 145-147 area. Buying above 149 with sl of 122 for 179-189