DBS - Ripe for Profit-Taking

DBS very steep high which is good for profit taking.

Shares of Lakshmi Vilas tumbled after the Reserve Bank of India (RBI) said its stock and debentures would be delisted and ordered a 30-day moratorium as part of the proposal to stem a steady decline of depositors and a rise in bad loans.

Singapore-based DBS's Indian unit will pump in 25 billion rupees (S$463 million) in fresh capital, the central bank said in a statement Tuesday.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.