BHARATWIRE :- If the stock sustains the upside in tandem with the breakout, then we may see an upside moment.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to...
#BHARATWIRE trading above Resistance of 262
Next Resistance is at 417
Support is at 132
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
Stock Name - Bharat Wire Ropes Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 182
#This is not Buy and Sell recommendation to any one. This is for...
Stock Name - Bharat Wire Ropes Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 144
#This is not Buy and Sell recommendation to any one. This is for...
Bharat Wire - Positional Analysis - Weekly Chart
Given Flag Breakout & Bullish Marubozo
CMP 56.75 Buy For Target 69-80-103-126-143-160+
SL Below 30
Add More If Get @40-42
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
BHARATWIRE - PVXP- CNH
19 Feb 2021 - CMP 43.70
RSI above 75 + Breakout above Cup and handle pattern.
Buy Now and in dips till 40.
SL 30
TGT 50 / 65 / 75 / 90
Learning purpose only
as i see the stock it still has a good down side left .
and in the worst case can even comes to 77 rupees -80 rupees range as well!
in SHORT TIME FRAME the stock holds good support in range of 100-105
MIGHT SEE SOME dead cat bounce AT THESE POINTS BUT overall structure of the stock tells me TO STAY AWAY from the stock
and on the upside the stock faces resistance...
