DBRealty had given a multiyear monthly breakout and had given around 50% move already.
However, stock is now retesting the breakout and might come down in range of 150-180.
Safe traders can wait for a reversal pattern like morning star or bullish harami in this zone.
Such a monthly breakout had happened in Purvankara which doubled in 3 months
As realty sector is vastly outperforming, one can expect similar move from this stock as well.
which has also posted decent Q4 results.(Not trustworthy though)
Not a recommendation.
However, stock is now retesting the breakout and might come down in range of 150-180.
Safe traders can wait for a reversal pattern like morning star or bullish harami in this zone.
Such a monthly breakout had happened in Purvankara which doubled in 3 months
As realty sector is vastly outperforming, one can expect similar move from this stock as well.
which has also posted decent Q4 results.(Not trustworthy though)
Not a recommendation.
Catatan
Stock has shown rejection from 180. Retest might have been completed.Catatan
Made a low of 156 and now back to 190. Retest is done. Big move comingCatatan
220+ today. This has started
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