Bector food has achived my earlier target of 366 and make high of 367.7. it has formed rounding bottom and currently giving some pull back. CMP is 348 and any dip around 330 is the good buying opportunity for the target of 471. Time span of same is around 5 to 6 months.
Above view is for education purpose . Please consult with your advisor before investing
Bector food is ready to fly above 315 levels. Moving well in channel and now ready to cross resistance of 315 for the next target of 366.
This is only for education purpose.
Story started only from past 2 weeks after crossing 4 Weeks high on 22nd July.
2022-07-22: Crossing 4 week High, close is above 20 SMA on Daily and Weekly time frame- but below on Monthly time frame
2022-07-25: Cross WK Piv Upside increase in momentum
2022-07-28: Cross WK Piv Upside
2022-08-01: Crossing 4 week High
2022-08-02: On Daily time frame, SMA 30...
Key points:-
1.) very close to give breakout from Rounding bottom Pattern.
2.) has given breakout from Inverse head and shoulder pattern
3.) Support near -370
4.) Target - 475-520-600
Only for learning purpose
NSE:BECTORFOOD
Bector Food is making strong pattern on daily time frame. Go for Long from here.
LTP - 438 rs
Entry - 455 rs (if closes above on Daily Time frame and sustain on 450 rs level)
SL - 418 rs
TGT - First -595 rs / Second- 620 rs
Please share with your family and friend if you like the idea to go long. This chart is only for educational purpose....
1.Cup Handle pattern in Day frame
2. Making Higher Highs in 1Hr Time frame
3.continuosly raising volumes from 3 days
For Swing Trade
Enter above 470 level with good confirmation
Tgt 1- 554
Tgt 2- 621
Sl - 426
*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock...
buy above 452 for swing and intraday both
for swing just make sure it sustain above 452 level.
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given...
We have seen good opportunity & high probability Pre Bo trade to bounce back this stock . Buy between the range of 408-415 with the SL of 395 Target 450-475. Good risk to reward trade. Stock at the consolidation level since some time.
5.5 month VCP Pattern formed
Volatility contracting from left to right
IPO base formed
Buy Range: 436-458
Sl: 8% max
Target: 40%
Note: Not a SEBI Registered analyst.
Take the trades at your own discretion.
