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marketaffairs
Sep 9, 2021 12:00 PM

BALRAMPUR CHINI MI Long

BALRAMPUR CHINI MINSE

Description


Target:- 423
Stoploss:- 352
Duration:- 3 to 4 Weeks ✅✅
The stock has already take support and showing a bullish candle, which is an indication of going upside, so we can buy this at market order. Use proper stoploss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step.
Comments
bhargavlade
Excellent, Even i draw the same pattern and took position. stock is touching trendline multiple times. what is your current view on this one?
marketaffairs
@bhargavlade, market is already triggered the stop loss, kindly square off existing position, because stock itself break the support line. If this stock is again continue on that up trend channel then took the position as per trend and near support level to maximize profit and minimal risk
bhargavlade
@marketaffairs, Thanks for your reply. i have exited from the position with a minimal loss.
bhargavlade
@marketaffairs, what is your view on GAIL. i entered at 144 based on the channel pattern. can you share your view on this one?
marketaffairs
@bhargavlade, let me check
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