Visionary_Growth_Insights

SWING IDEA - BALRAMPUR CHINI

Длинная
Visionary_Growth_Insights Обновлено   
NSE:BALRAMCHIN   BALRAMPUR CHINI MI
BALRAMPURCHINI seems to be in a very crucial buying zone.

The reasons are listed below :
  • Stock price tested 411 levels multiple times and finally broke it and it is retesting those levels
    again.
  • Broke the ascending triangle pattern i.e a bullish sign.
  • 200EMA support on daily timeframe.
  • Stock was in a consolidation phase from last 1.5 years.
  • Higher high are being formed.
  • Support formed at 411 levels which was a strong resistance previously.

Target - 462 // 520
SL - 406 on closing basis
Комментарий:
We easily achieved our 1st target of 462.
Currently, the stock is up by 8.77% from our buying price.
It made a high of 11.5% return within 2 weeks.
Сделка закрыта: достигнута стоп-лосс цена:
We hit our first target and then the price reversed rigorously. I hope everyone trailed their SL. We got stopped out!
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.