Dalmia Bharat Ltd (NSE) – Swing Trade Setup

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Dalmia Bharat Ltd (NSE) – Swing Trade SetupDALMIA BHARAT LTDNSE:DALBHARATmywork072The stock **Dalmia Bharat Ltd (DALBHARAT)** is approaching a **strong multi-support zone**, making it a potential **swing trade opportunity** for bullish traders. ### **📊 Key Technical Analysis:** ✅ **Multiple Rejections at Support** – Price has tested the **1,715 - 1,708 zone** multiple times and bounced, indicating strong **buying interest**. ✅ **50-Day Moving Average Resistance** – If price reclaims above this level, a strong breakout rally could follow. ✅ **Bullish Reversal Pattern** – The price action shows **rejection wicks** at the lows (highlighted in red), signaling demand from buyers. --- ### **🎯 Trade Plan – Potential Upside Targets:** 🔹 **Entry Zone:** **1,715 - 1,708** (Near Support) 🔹 **First Target:** **1,850** (Psychological Level) 🔹 **Second Target:** **1,935 - 1,938** (Major Resistance Zone) 📌 **Stop-Loss Below:** **1,672** (Below Support Zone) 🔻 **Risk Management:** ⚠️ Avoid holding if price breaks **below 1,672**, as it could lead to further downside. ⚠️ Use a **risk-reward ratio of 1:2 or better** for optimal trade execution.