DOL Descon Oxychemical Ltd. Short term Analysis 5th June 2020

Rebound insight 

Our Pivot: 25.80

Our preference: Start buying DOL from current price with strict stop loss of 25.80 and profit target at 27.13 and 27.80. 

Alternate scenario: Downward penetration of 25.80 will call for 24.80. 

Note: DOL is being supported by rising trend line along with horizontal supportive region.

Daily chart with support and resistances