D.P. Abhushan – another bounce trade that worked

This one had been tapping a demand zone for weeks, and the price action started tightening up near ₹1320-1350.

On 30th Oct, a 10-Day Support Bounce insight popped up on Tradomate — 77% win rate and a backtested TP of ~9%. Looked very bullish to me-
The RSI was just recovering from an oversold patch, hinting at early reversal momentum + divergence too. The next day, I took a small entry.

And in today’s session, the stock pushed up over 10%, confirming the bounce and validating the zone beautifully. Volume suddenly spiked — way above average — and the candle closed strong above the short-term structure.

I got triggered out at 9% but I think if momentum holds, it can shoot up to ₹1700 and above

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