abhinavjain97

BBTC Long

Long
abhinavjain97 Updated   
NSE:BBTC   BOMBAY BURMAH
A great falling wedge breakout after a 303 day consolidation with great volumes and CRS breakout. Tg- 1550 and SL- 1185 giving us a RR of 1.65
Comment:
With around half a month consolidation and that too on low volumes buyers have regained the control with overwhelming volumes. Target can be seen with in few days now and SL should idealy be 1277 now.
Trade closed manually:
Stock turned sideways and not looking convincing.

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