DAM Capital or DAMN Capital!!Mcap 1200 crore
DAM Advisors
Pre IPO EPS: Rs 1.2
Post IPO: Rs 0.03 !!
What kind of Frauds are coming to the market with impunity !!
DAMCAPITAL trade ideas
DAM CAPITAL STRONG WEEKLY BREAK OUTNSE: DAMCAPI | Timeframe: 1W (Weekly)**
After a prolonged downtrend, **DAMCAP Advisors Ltd** is showing strong signs of a **bullish reversal** on the weekly chart:
### 📊 Technical Highlights:
* ✅ **Massive bullish candle** this week with an **18.23% gain** — strong buying interest.
* ✅ **Volume surge** confirms institutional activity.
* 🔁 Price has broken above a **recent resistance zone** (marked in blue), suggesting a possible **trend reversal**.
* 📉 Stock was in a steep downtrend but has **consolidated and is now bouncing** from a base.
* 🔄 Formation resembles a **"rounding bottom"** or **early-stage cup**, hinting at accumulation.
📌 Levels to Watch:
* **Resistance**: 270–275 zone (next hurdle)
* **Support**: 220–225 zone (prior resistance turned support)
* **Targets (Short-term)**: 290 / 320 (if momentum sustains)
LONG TERM TARGET IS ALL TIME HIGH
🧠 Trading Plan:
* **Positional Entry**: On dips towards 245–250 with SL below 220.
* **Aggressive Entry**: Above 270 with confirmation and volume.
* **Risk Management**: Trail stop loss as price moves in favor.
### 📢 Disclaimer:
This is for educational purposes only. Not financial advice. Do your own research before investing.
Momentum Trade in Dam Capital1. Resistance breakout
2. Positive Divergence on RSI
3. Volume pop up
4. MACD signal turning green
5. RSI near 70
