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SwingtradesbyAbhishek
Mar 10, 2024 11:28 AM

BIKAJI - Ready for the next swing Long

BIKAJI FOODS INTERN LTDNSE

Description

BIKAJI is poised for its next upward move, presenting a potential upside of approximately 23%. The stock has maintained a trading channel for the past 2 years. This is an opportune moment to consider entry due to the following factors:

1. The Risk:Reward ratio appears favorable, with a stop loss (SL) potential below the channel.
2. Last week's candle exhibits a bullish hammer pattern, commonly indicating a reversal.
3. Very consistent fundamental numbers.
Comments
panditvishwanathshastri
now buy it
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