Long Setup in Balaji TeleFilmsA bullish flag & pole Chart Pattern Breakout completed on the Daily Time frame of NSE:BALAJITELE
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Daily closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for educational purpose only.
Balajitelefilms
Swing Long Balaji TelefilmsBalaji Telefilms
NSE:BALAJITELE
Cmp - 73
Stop - 62 on DCB
Expectation -
T1 - 85
T2 - 100, Review at 85
Expected Holding Period - 20 trading days or earlier for T1
View:- Swing
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing