DCB Bank

Just trying to pick stock at bottom let us see whether i am right or wrong only time will tell.

Last month on 15 Dec-2015 when DCB was around 75 RSI was around 31. And on 7-jan when stock was again around 75-76 RSI was around 16 and when today when stock made a new 52 week low RSI is around 39. I am buying this stock today on hourly charts stock made a long shadow candle stick.

The stock looks to bottomed out. The stock has good support around 75 on daily,weekly and monthly charts.

Disclosure: I am not a SEBI certified analyst.