Dalmia Bharat Ltd (NSE) – Swing Trade SetupThe 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.
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### **🎯 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.
