PrashanthY_178

Trading Idea on Bombay Burmah Trading Corp.

Long
NSE:BBTC   BOMBAY BURMAH
On a Daily Time Frame stock is trading at a crucial breakout level of 1575. If the stock gives a breakout on monday and sustains above 1575 level can go for long position for Intraday. Target will be 1615. SL will be 1555. Enter in Long position only if the candle sustains above 1575 with multiple confirmations. There is also Positive Divergence. RSI levels are at 60. so can expect breakout on Monday.
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