Hi Guys,
Welcome to Thenali Views!!
We are going to analysis the script Burger King Ltd!!!
The script was in the Bullish Trend and the script closes above the resistance zone of 184.70 where the Bullish Engulfing Pattern was found which clearly confirm the script was in the uptrend.
The script was also above the CPR.
Hence the script has good protentional to move above.
Support : 184.70 (Resistance turned Support post breakout) , 165, 150.75 and 133
Resistance: 213.70 ( All time High Currently)
Buy Above - 184.70
Target - 213
SL - 181.80 ( Closes below in Daily Time Frame)
Regards,
Thenali views,
Disclaimer: Kindly do your own analysis before executing the trade or
Contact your financial advisor and I am not a SEBI Registered Analyst.
Welcome to Thenali Views!!
We are going to analysis the script Burger King Ltd!!!
The script was in the Bullish Trend and the script closes above the resistance zone of 184.70 where the Bullish Engulfing Pattern was found which clearly confirm the script was in the uptrend.
The script was also above the CPR.
Hence the script has good protentional to move above.
Support : 184.70 (Resistance turned Support post breakout) , 165, 150.75 and 133
Resistance: 213.70 ( All time High Currently)
Buy Above - 184.70
Target - 213
SL - 181.80 ( Closes below in Daily Time Frame)
Regards,
Thenali views,
Disclaimer: Kindly do your own analysis before executing the trade or
Contact your financial advisor and I am not a SEBI Registered Analyst.
Trade closed: stop reached