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.

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