BF Utilities was analyzed on 10th Aug and trade was activated on 12th Aug and reached all the targets today. Totally 22% have been achieved. Happy Trading
This is a follow-up analysis on BF Utilities. Trade activated and target 1 achieved. Hold for Target 2 Follow me for more analysis.
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...
One year trendline broken in Bf Utilities Limited with high volume.
BF 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...
BF Utilities Ltd BFUTILITIE CMP: 372 - Company is in the generation of electricity through wind mills - It gave a breakout above 350 with massive volume in June 2021 - Since then it has been trading in a Descending Triangle pattern with low volumes
BF 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...
BF UTILITIES: 1) Standing at resistance 2) Symmetrical triangle 3)Looks good above 465 on closing basis
Stock is heavily accumulated @ lower levels by big player and done breakout with strong momentum and now retest done with low volume ready for big upside
Look fresh near 235-245 range for upside 310/350 with SL 214..
Looks bullish for short term and med term.. One can look fresh near 260-270.. for upside 310 and 350..
BF utilities gave trendline BO in last session with vol. A good buy setup
Notes on the chart. Always follow your trade management rules before trading my ideas. Trade safe, stay healthy. Do hit the like button for better ideas in future. Regards Bravetotrade