Long

EXPECTING AN UPRISE OF 8.11% IN DFMFOODS

As per the 2 Hour Chart of DFM FOODS, we can see a beautiful Formation of "Bullish Engulfing" on the chart. Therefore, we are expecting a bullish momentum in DFMFOODS in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 304, 313.6, and 320. Whereas, on the other hand, on the downside levels, the stock may face a support at the level of 290.30, on closing basis. Closing Price (as on 22.12.21) : 296


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Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
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