Jeet24

Bharat Bijlee

NSE:BBL   BHARAT BIJLEE
42 7 3
Amid alot of technical attention this stock has gathered, would want this stock to break out from the range of 1165-1195 on a closing basis above which a big break out shall be on the cards!
Impressive ...!
What can be the targets and timeframe pls..?
Thanks
Reply
Jeet24 naveen_agrawal
@naveen_agrawal, Targets can be seen as 1330/1610 which can be achieved in the medium term however this is only and only when the break out happens, for now it is a watchlist stock, not to pre empt
+1 Reply
@Jeet24, The stock has managed to close above 1200 for two days..
What are your observations/ views now..?
Thanks.
Reply
Jeet24 naveen_agrawal
@naveen_agrawal, It looks as a good positional play now as mentioned earlier with the targets and SL intact at 1174. What will make this break out even more convincing is if it sustains tomorrow for the week end close which is very important
+1 Reply
@Jeet24, Thank You
Reply
naveen_agrawal naveen_agrawal
@naveen_agrawal, Just check out this pls....
any fresh views..?
Reply
Jeet24 naveen_agrawal
@naveen_agrawal, No fresh view, keep trailing by increasing your SL with every move to ensure you land up with profits
Reply
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