DCMSHRIRAM is showing signs of accumulations over the past 50 days and this week tried a long base BO on weekly timeframe. Considering the market conditions right now, a stock giving signs of accumulations is certainly to be taken note off.
Tracking this to see some tightness around this BO level and might get into it if a good pattern forms.
RS Score has also increased week over week , from 35 to 70 in the last 3 weeks, which is good improvement.
Tracking this to see some tightness around this BO level and might get into it if a good pattern forms.
RS Score has also increased week over week , from 35 to 70 in the last 3 weeks, which is good improvement.
Trade chiuso: stop raggiunto
Maybe the wrong time or market to take this. Can see high volume distribution happening the last couple of days when Nifty is up. Out of it now, but will keep in tracking if the name pops up in scanner again.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.