DILIP BUILDCON FOR FASTEST TRADE

Timeframe: 1D | CMP: ₹495.60 | Change: +2.68%

DBL is currently trading near the lower trendline of a well-defined ascending parallel channel, indicating a potential support zone around ₹480–₹490.
The price has respected this channel multiple times in the past, suggesting strong trendline reliability.

Technical Highlights:

🔶 Ascending Channel – The long-term bullish structure remains intact.

🔹 RSI: Recovering from the 40–45 zone, hinting at a possible reversal from oversold territory

🔹 Volume: Gradual accumulation seen near lower channel support.

Buy Zone: ₹485–₹495

Target 1: ₹545

Target 2: ₹595

Stop Loss: ₹470 (Daily Close Basis)

Bias: Short-term bullish, medium-term accumulation.

Disclaimer:
Not a buy/sell recommendation. I'm Holding @ 490