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DCB Bank looks ready for a positional breakout.
โ Higher lows intact
โ Trading above key EMAs
โ Improving relative strength
โ P/B below 1x
โ ROE around 12%
A breakout above โน195 can open the path toward โน205 โ โน220 โ โน240.
#DCBBANK#StockMarketIndia#NSE#BankingStoc
Manas Arora is overrated.
His strategies don't work.
Is what his jealous haters say.
But I took his 1-On-1 Mentorship and it transformed my trading.
Here are 8 powerful ideas I learned that you won't find anywhere else on X๐
Delayed Episodic Pivot (DEP): A Powerful Setup for Capturing Institutional Momentum.
Big catalyst โ Gap Up โ Tight Consolidation โ Volume Dries Up โ Breakout on Heavy Volume
- Patience during consolidation. Profits at breakout.
Read more: https://t.co/dPWgYHvrNX
๐ #ExideIndustries (#EXIDEIND) Technical Breakout!
Exide is showing strong signs of a trend reversal, holding well above its key moving averages๐ With the recent rebound and solid industrial tailwinds
๐ฏ Targets: โน428 / โน475 ๐ก๏ธ SL: โน350 (Closing basis)
May Month Auto Sales Data
Where is the slowdown??
Ather Energy almost 100% growth
Atul Auto 31% growth
TVS motors 31% growth
Bajaj Auto 21% growth
Hero Motocorp 14% growth
Eicher Motors 15% growth
TMPV 42% growth
Maruti 35% growth
M&M 20% growth
TMCV 17% growth
VST Tillers 28% growth
Escorts 19% growth
SML Mahindra 15% growth
SSWL 18% growth in value
Only exception:
Force Motors down 15.35%
Pulak Prasad (founder Nalanda Capital - AUM $5 Billion)
In September 2023, he wrote this remarkable 4 pager on โWhat Darwin can teach you about Investingโ
It has potential to change your perspective on Investing for a lifetime, just as it changed mine.
Incredible ๐๐ป
Real Estate. Gold. FD. Equities Beat Them All.
Your favourite investment is probably the worst one for long term wealth creation.
Don't believe me?
๐งต Here's 24 years of data:
Open positions
Closed Thermax and Navin Fluorine.
Tomorrow is off so I am not willing to hold any laggard as of now.
No of positions were also going up
Made enough gains in the past 3-4 sessions. Will study more tomorrow