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shadowthenoobtrader
Mar 11, 2022 6:18 PM

BALRAMPUR CHINI MI | ALL TIME HIGH BREAKOUT | TEHNICAL ANALYSIS  Long

BALRAMPUR CHINI MINSE

Description

BALRAMPUR CHINI MI is a good buying because of the following reasons:
  • 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

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