Technical Analysis for Barbeque Nation Hospitality Ltd.
Technical Analysis for Barbeque Nation Hospitality Ltd. (BARBEQUE):
- **Time Frame:** Weekly chart
- **Trade Type:** Swing trade for 6-12 months
- **Entry Strategy:** Buy at Current Market Price (CMP) ₹626.60
- **Stop Loss (SL):** ₹539 for risk management
- **Targets:**
- Target 1: ₹1022
- Target 2: ₹1190
- **Risk-Reward Ratio:** Favorable
Monitor price action closely, particularly during the retest of the breakout. Adjust strategies based on market dynamics.
#BarbequeNation #TechnicalAnalysis #SwingTrade #StockMarket #RiskRewardRatio #TradingStrategy #BreakoutTrading
- **Time Frame:** Weekly chart
- **Trade Type:** Swing trade for 6-12 months
- **Entry Strategy:** Buy at Current Market Price (CMP) ₹626.60
- **Stop Loss (SL):** ₹539 for risk management
- **Targets:**
- Target 1: ₹1022
- Target 2: ₹1190
- **Risk-Reward Ratio:** Favorable
Monitor price action closely, particularly during the retest of the breakout. Adjust strategies based on market dynamics.
#BarbequeNation #TechnicalAnalysis #SwingTrade #StockMarket #RiskRewardRatio #TradingStrategy #BreakoutTrading
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.