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Barbequenation

Short term trading opportunity in Barbeque Nation for > 15% upsiHi, NSE:BARBEQUE has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:BARBEQUELong
by raigvivek
Technical Analysis for Barbeque Nation Hospitality Ltd.Technical Analysis for Barbeque Nation Hospitality Ltd. (BARBEQUE): - **Time Frame:** Weekly chart - **Trade Type:** Swing trade for 6-12 months - **Entry Strategy:** Buy at Current Market Price (CMP) ₹626.60 - **Stop Loss (SL):** ₹539 for risk management - **Targets:** - Target 1: ₹1022 - Target 2: ₹1190 - **Risk-Reward Ratio:** Favorable Monitor price action closely, particularly during the retest of the breakout. Adjust strategies based on market dynamics. #BarbequeNation #TechnicalAnalysis #SwingTrade #StockMarket #RiskRewardRatio #TradingStrategy #BreakoutTrading
NSE:BARBEQUELong
by hunterhunt777