ChartSight

Is BALAMINES Ready for weekly trendline Breakout?

Long
NSE:BALAMINES   BALAJI AMINES LTD
Hey Family, there is a one more stock Which is showing a great opportunity and forming Descending Triangle Pattern in daily TF it's trying to breakout resistance Trendline, If Stock break's resistance Trendline then we can see a good move, let's see breakout sustain or not.

Key Points

*It has posted good quarterly results.

*The stock has been consolidating for over a year.

*It is coming up to test it's weekly trendline. One can buy this on day close above 2435.

*Possible positional targets are 2400, 2700,3000 and trail.


What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.