Balrampur Chini Mills Ltd 1H analysis
BALRAMPUR has been moving in a channel
we have given this stock in our previous analysis
as a breakout but it got rejected by the upper
trendline, and now it has reached the lower
trendline and it has support at the same spot
where it can possibly find support.
It has already bounced from the support
here the SL will be minimal and the reward is high
we have given this stock in our previous analysis
as a breakout but it got rejected by the upper
trendline, and now it has reached the lower
trendline and it has support at the same spot
where it can possibly find support.
It has already bounced from the support
here the SL will be minimal and the reward is high
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