BBTC is a very volatile stock which has shown many SL hunting moves in past. The stock has given weekly breakout from symmetrical triangle and is looking good for big targets. Levels are mentioned on chart. Trading in this stock has more risk than usual. Idea shared only for educational purposes.
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
NSE:BBTC has given a monthly level breakout and looks very strong in its momentum. A stop loss at 1190 can be marked and one should expect new ALL TIME HIGH in this counter in the coming months.
BBTC:- The stock has formed a double bottom pattern, if it gives a breakout, a good move to the upside is expected. keep in radar 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...
Trendline Breakout observed in BBTC. Enter the trade only it breaks the trendline and the same trendline acts as Stoploss. Follow me for more analysis
BBTC on weekly looks like is at the completion point of retracement to its previous rally. A next rally can be expected from here. keep Close watch.
long term parallel channel has broken and get into bearish parallel channel. This is going to be more tough expect more selling below 690
selling pressure in BBTC. if sustain below trendline then bad selling pressure
BBTC is attempting trendline breakout ! First Target 1380 and SL is below the green box.
RESULTS WERE AMAZING. TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
TRADING WATCHLIST FOR W/B 23-08-21 INTENT This is a new series of periodical posts where I would share the scrips that I come across and find good to keep on my radar for the next trading session/s. The post may not be a daily feature as it depends on whether I am able to find some opportunities. I will only be sharing the time frame and the scrip name. I will...
let's wait & watch for its move. below 1053 it can test 930-780. above 1346 targets 2200-2600
Bombay BURMAH looks too good to me for short-term to mid-term Targets could be 1500,1800,2100. Formed flag pattern
weekly support at 1172-1050 breakout level is 1345. target 2200+
" TECHNICAL ANALYSIS OF NSE:BBTC The LAST CLOSE PRICE of NSE:BBTC is 1303.65 . The PARABOLIC SAR is showing the SELL SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.5 at the FIBONACCI STOCK PRICE LEVEL of 1303.65. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07,...
Medium Term Trade(6 Months): Bombay Burmah has broken out from a falling trend line. Buy: Bombay Burmah Trading Corp CMP: 1325 Stop Loss: 1270
Name - #BBTC CMP - 1282 SL - 1225 Target - 1500/1800/2000 ++ Time - 6 months Technical Triggers - 1) High volume breakout from falling wedge pattern 2) Stock has followed long term channel from January 2020 3) Stock is in process of forming rounded bottom on multiple time frames 4) Initial target would be levels mentioned in charts and then channel top