Long trade in BALRAMPUR CHINI.
Best buy: 395+ or after the breakout of the triangle pattern ie.420+
Stop Loss: Below 370
Targets: 430/460/520
Reasons to Buy:
- The trend line has always been a reliable support system, and it has proven its consistency time and time again.
- Good support from the 52weeks moving average
- Good PE ratio of 22.90
Disclaimer :
Please note that this is a general idea and it is recommended to trade at your own risk.
Trade closed: stop reached
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.
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.