DCB Bank Ltd – Positional Trading SetupDCB Bank LimitedNSE:DCBBANKRajputAmarjitDCB Bank is showing a strong recovery after forming a higher-low structure from the ₹170 zone. Price has reclaimed all key moving averages and is gradually approaching a crucial resistance area. Current Price ₹186 Trend Structure ✅ Higher Highs & Higher Lows ✅ Trading above 20 EMA and 50 EMA ✅ Relative Strength improving against Nifty ✅ Banking sector participation improving The chart suggests accumulation rather than distribution. Key Levels Immediate Resistance ₹193-195 This is the major supply zone visible on the chart. A decisive breakout above ₹195 can trigger fresh momentum buying. Supports ₹180 ₹175 ₹170 As long as ₹175 holds on closing basis, bulls remain in control. Positional Trade Setup Aggressive Entry ₹182-186 Breakout Entry Weekly close above ₹195 Targets TargetPrice T1₹205 T2₹220 T3₹240 Stop Loss ₹174 Closing Basis Risk Reward Approximately 1:3 to 1:4 What Makes This Setup Interesting? Banking stocks have started attracting institutional flows. DCB Bank is still trading below its historical valuation multiples. Price is approaching a multi-month breakout zone. Relative strength versus broader markets has improved significantly.