The stock DALBHARAT is currently testing the breakout region between ₹2200–₹2250, which aligns with the 21 EMA — a potential confluence zone.
Traders may observe price action near this level for signs of a bounce. If the retest holds, there could be scope for upward movement toward previous highs.
Note: The risk-reward setup appears favorable based on current chart structure.
Disclaimer
This is a personal technical analysis and not a recommendation to buy or sell any securities. Please do your own research or consult a SEBI-registered investment advisor before making any investment decisions. Trading in financial markets involves risk.
Traders may observe price action near this level for signs of a bounce. If the retest holds, there could be scope for upward movement toward previous highs.
Note: The risk-reward setup appears favorable based on current chart structure.
Disclaimer
This is a personal technical analysis and not a recommendation to buy or sell any securities. Please do your own research or consult a SEBI-registered investment advisor before making any investment decisions. Trading in financial markets involves risk.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.