Dalmia Bharat Ltd \u2013 Technical View<\/p>\n
Timeframe: Daily<\/p>\n
The stock has seen a sharp bounce from lower Bollinger Band, followed by a double-top formation (Top-1 & Top-2) near the resistance zone. Momentum is improving but price is still facing supply near the upper band and declining moving average, indicating range-bound to cautious bias.<\/p>\n
\ud83d\udd11 Key Levels<\/p>\n
Immediate Resistance: \u20b92,120 \u2013 \u20b92,140<\/p>\n
Major Resistance: \u20b92,180<\/p>\n
Support Zone: \u20b92,030 \u2013 \u20b92,000<\/p>\n
Lower Support: \u20b91,950<\/p>\n
\ud83d\udcc8 Outlook<\/p>\n
Sustained move above \u20b92,140 can open upside towards \u20b92,180 \/ \u20b92,220.<\/p>\n
Failure to cross resistance may lead to consolidation or pullback towards \u20b92,030\u20132,000.<\/p>\n
Trend confirmation only above major resistance with volume.<\/p>\n
\u26a0\ufe0f Educational view only. Not a buy\/sell recommendation.<\/p>\n
\u2014 AALGO BREATHS
\nDisclaimer: https:\/\/aalgobreaths.com\/disclaimer\/<\/p>\n","protected":false},"template":"","article-category":[],"article-tags":[400,128],"class_list":["post-24002","article","type-article","status-publish","hentry","article-tags-technicalanalysis","article-tags-sebi-registered-analysts"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/24002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=24002"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=24002"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=24002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}