Bfutilities
BFUtilities-Hidden multibagger stockBFUtilities , a Kalyani group company in the field of wind power generation is showing big reversal indications.
A monthly breakout was done few month back and currently stock is consolidating.
Once 1000 is crossed, this stock would be hard to catch.
Stock has improving fundamentals with net profit and EPS at all time high.
Stock is highly undervalued considering recent developments in renewable energy.
We have seen crazy moves in Suzlon and Inox Wind and I am expecting similar multibagger returns from this stock as well.
BFUTILITIE - ready for a significant moveNSE:BFUTILITIE
cmp 709
following breakout at 530 and then reached a peak of 815
after retesting the breakout zone, everything appears ready for the big move
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
BFUTILITIE - Ichimoku Bullish Breakout Stock Name - Bf Utilities Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 375
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalBF UTILITIES LTD
Stock giving good 10 month trendline Breakout, with double bottom pattern
Buy above 406 levels further add more if sustains above 416 levels
For targets of 425/435
Stock looks very good and also sector is also moving.
Good shareholding pattern also. & looks can go upto 450 levels also
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
BF Utilities For swing/positional tradeBF Utilities For swing/positional trade
Breakout and retrenchment did with good volume
can be playable for Upside for the target of 455/480/530
stop-loss can be :
1) If you are doing short-term trade sl can be 400
2) If you are doing positional trade sl can be below demand zone i.e 360
here for positional trade R:R is 1:1
and for short-term swing R:R is 1:4
Disclaimer :
>> We are Not SEBI Registered
>> Admins are not responsible for any profits or losses as this is NOT a buy call and Just For EDUCATIONAL PURPOSES ONLY🗒