IIMA_Brat

DCB Bank Long opportunity

Long
NSE:DCBBANK   DCB BANK LTD
A good contender for a +50% return in a year. Reasons are as follows:

1. Covid Fall of DCB Bank has not been supplemented with volume. Hence, Most of the investors are still holding with conviction of rebound of value.
2. Recently breakout & did a retest on cup pattern
3. Even in the recent Bank Nifty fall of 4.8% (on Feb 26, 2021), DCB showed a good strength by falling just 1.2%.

Disclaimer: Invest as per your own research, This is just for educational purpose!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.