Browsing tag: DCM Shriram

VALUE PICK FEBRUARY ’18: DCM SHRIRAM LIMITED, Update


Update: Technical Breakout on the stock DCM Shriram has rallied over 10% on December 18. On Friday, the stock opened on a positive note and in the later half of the day quickly surpassed its previous resistance level with strong volume. The stock has formed a strong price volume breakout pattern on the daily as well as weekly chart. DCM Shriram on Daily Chart -   The texture of the pattern suggests action will likely to continue if the stock maintains to trade above INR 400/410