The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
Bharat Bijlee-Head & Shoulders Pattern Breakout Daily Time Frame. Entry Zone-1900/1950 Expect a Target-2160/2300 Stop Loss-1725.only Education Purpose.
Formed channel pattern on daily time frame. Crossing above 2140 can be a good break out. Do watch above Chart and levels only for education purpose
BHARAT BIJLEE BUY SETUP : with good volume and improving fundamentals.
The stock is closed near its previous high and looks good to buy for a 6-12% profit. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team