DFML is currently in a bullish trend and there is no divergence chance of reversal from this point is very low long entry recommended on the current price of 39.73 as it already breaks the previous high, SL should be 33.98 and tp 43.96
DFML is currently exhibiting a bullish trend as observed on a weekly time frame. Should it sustain its position above 36, there is a potential for further upward movement, with potential resistance levels at 42 and subsequently 49.60.
🚀 Stock Alert: DFML 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Range: 20.50-20.70 🎯 First Targets : 22 🎯 Second Targets : 23 ⚠ Stop Loss: 20 ⏳ Nature of Trade: Scalping 📉 Risk Level: Medium ☪ Shariah Compliant: NO 💰 Dividend Paying: NO 📰 Technical View: DFML has demonstrated a breakout above the 20 level, affirming strong bullish momentum in...
However, Immediate Resistance around 24 - 25 If 15.50 is Sustained on Monthly Basis, we may witness further Upside Good Support Levels are around 20.60; 18.50 then 15.50
Buy @ CMP or around 15 with a Stoploss of 14.50 (Closing basis) Sell around 17 - 17.30
*DFML* is in an uptrend after pull back from trend line & 50% retracement & gives closing above support level at 15.50. Previous resistance lies at 16.41 Entry: 15.50 Target: 17 Stop Level: 14.75