HawkishDove

BIKAJI BO [DAILY]

HawkishDove Updated   
NSE:BIKAJI   BIKAJI FOODS INTER
BIKAJI BO on daily chart with decent volumes. Good strength on the chart and earning also seem to be good in the last 4 quarters with good growth.
Comment:
The current movement is not sharp but can notice a base being build above 10DMA and 21DMA which is a good sign. Breaking above levels of 565 with volumes should result in clear movement. 21DMA is also reaching the pivot point now. Chart looks positive.
Comment:
Market has been phenomenal this past week and this scrip has not pushed forward. Would be focusing on other names for now...
Comment:
~565 would be an important level to push ahead from, won't be interested in this if that level is not reached with volumes in some time ahead.

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