BALRAMPUR CHINI MI | ALL TIME HIGH BREAKOUT | TEHNICAL ANALYSIS
BALRAMPUR CHINI MI is a good buying because of the following reasons:
Considering the low of the consolidation a target of 570 is expected. If you are a risky trader you can buy on the very next trading session or a safe trader can plan for long after the pullback.
Disclaimer: The analysis is for educational purposes. Please do your due diligence before making decisions.
Thank you
Shadow(the noob trader)
- All-time high/Box Breakout with great volume.
- Price trading above the 50 EMA.
- Breakout after consolidation.
Considering the low of the consolidation a target of 570 is expected. If you are a risky trader you can buy on the very next trading session or a safe trader can plan for long after the pullback.
Disclaimer: The analysis is for educational purposes. Please do your due diligence before making decisions.
Thank you
Shadow(the noob trader)
Trade active
Trade closed: stop reached