DCB bank
Previously said accumulating DCB
http://marketview123.blogspot.in/2016/01/dcb-bank-just-trying-to-pick-stock-at.html
DCB Bank on hourly charts forming an inverse head and shoulder pattern. Although the breakout is still not happened but i am expecting it to do the same. The technical targets of that will be around 90. Close above 81 will make stock more strong. 85-87 will be resistance zone.
My eventual targets for DCB are much much higher i am buying it as an investment pick. I am buying this stock from 70-72 levels so i am already in 10% profit.
Disclosure: I am holding the stock. Further i am not a SEBI Certified technical analyst so please consult your financial adviser before buying the stock.
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