DEWAN FAROOQUE MOTORS LTD

DFML exposing 40% gains

320
The stock has touched the HH of 54.6 previously and therafter retraced 0.718 FIV level, now broke out the falling wedge pattern.

Small size entry can be taken here for TP1 of 59, position size can be increased once it crosses 48.85, Breakout of previous HH @ 54.6 will confirm the bullish ride towards arc formation projection of 91.85 However, final target as per our trade plan is

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