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AALGO BREATHS I SEBI RA

24th Dec · SEBI-Registered Analyst

Dalmia Bharat Ltd – Technical View

DALBHARAT
📊 Dalmia Bharat Ltd – Technical View Timeframe: Daily The stock has seen a sharp bounce from lower Bollinger Band, followed by a double-top formation (Top-1 & Top-2) near the resistance zone. Momentum is improving but price is still facing supply near the upper band and declining moving average, indicating range-bound to cautious bias. 🔑 Key Levels Immediate Resistance: ₹2,120 – ₹2,140 Major Resistance: ₹2,180 Support Zone: ₹2,030 – ₹2,000 Lower Support: ₹1,950 📈 Outlook Sustained move above ₹2,140 can open upside towards ₹2,180 / ₹2,220. Failure to cross resistance may lead to consolidation or pullback towards ₹2,030–2,000. Trend confirmation only above major resistance with volume. ⚠️ Educational view only. Not a buy/sell recommendation. — AALGO BREATHS

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