BARBEQUE is breaking out of a 5 month ascending triangle. The breakout has to successfully cross the 200EMA which is directly on top of break out now. High volumes for last 3 days with high RSI.
Hi traders barbeque formed falling wedge pattern and we can already see breakout... longing in this stock with aim of 700
Ready for bounce Buy - 602 SL - 588 Tgt - 597 **This is personal opinion and for education only**
barbeque nation breakout pattern TGT 1600 LEVELS buy above 1290 ...1600 levels to be seen soon... barbeque nation breakout pattern TGT 1600 LEVELS buy above 1290 ...1600 levels to be seen soon...
Barbeque Nation Hosp. Ltd bought by various FII and DII in bulk deal on 6/4/2022.Total buying of 355 crore Rupees at average price of 1164 Rs per share.. #Barbeque #stocktowatch #stockstowatch #stockmarket #stockmarketindia #swingtrading #bulkdeal #FII #DII #MutualFunds
Swing tarders can plan a trade here with SL below the swing low. 10% SL
Barbeque Nation is forming a decent symmetrical triangle formation. it has taken 3rd support at the trendline and had also formed a rounding bottom formation which shows accumulation. Can be bought after breakout of upper trendline. MACD Crossover is also on a verge of happening, which helps the trend and big move. This stock is volatile and sometimes gives big...
BARBEQUE Target: 1670 Stop Loss: 960 Risk/Reward Ratio > 4
Bullish trend after breakout in barbeque nation. If lockdown will be over then a good uptrend is expected so buy at Dip 368k volume. 32.91 % delivery in stock long timeframe good stock.