Market_beat3r

Has Balaranpur Chini Mills Bottomed?

Long
NSE:BALRAMCHIN   BALRAMPUR CHINI MI
-Stock trying to break out of a bearish channel .
-Multiple bullish divergence on RSI .
-Multiple bullish divergence on Stochastic .
-Bullish divergence on MACD .
-Stock crossed, tested, and held 50 DMA.
-Volume suggests buyers are coming in and selling pressure is cooling off.

Not an investment advice. Do your own due diligence.
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.