DSIL LONG TRADE 16-06-2025DSIL Long Trade
Rationale: DSIL broke out of a bearish channel (potentially reversing trend) and seems ready to resume its uptrend. Targets are deduced from price action and quantified displacement method.
🚨 TECHNICAL BUY CALL – DSIL🚨
- Buy 1: Current level (Rs. 5.9)
- Buy 2: Rs. 5.7
- Buy 3: Rs. 5.3
- TP 1: Rs. 6.51
- TP 2: Rs. 7.10
- TP 3: Rs. 7.60
- TP 4: Rs. 8.20
Stop Loss - Below Rs. 5 closing basis
Risk-Reward Ratio - 1:3
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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