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jimitshah24

IPO base break and base on base formation

Long
DCX SYSTEMS LTD (NSE:DCXINDIA)  
jimitshah24  
NSE:DCXINDIA   DCX SYSTEMS LTD
Trend Analysis Chart Patterns Fundamental Analysis longsetup longterm Technical Analysis fundamental-analysis cupandhandlepattern breakout basebreakout ipobreakout IPO
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trendanalysis chartpattern fundamental longsetup longterm technicalanalysis fundamental-analysis cupandhandlepattern breakout basebreakout ipobreakout ipo
The stock has been trading in a range since the last few months between 330-390 after breaking the IPO base
Company has issued a QIP at 341rs/share for 500cr and has a pending order book of 1000+cr and a new order worth 457cr and 16cr
a range break of 330-390 on the upside can take the stock up to 880 levels
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