Bindalagro Hourly breakout of zone.. looks bullishBindalagro Hourly chart has breakout of zone.. Having 200 ema support.. Good to buy at 30.60 for target of 34,36 with sl at 28.60
BINDALAGRO
Chart Analysis of Bindal Agro (11 Dec 2021)On the verge of a Breakout.
Respecting the trendline beautifully.
CMP : 24.7
Target : 35
SL : WCB Below the trendline
Only for educational purpose.
Oswal Greentech or BINDALAGRO moving towards it ATHA fundamentally weak company, but the promoters are still intact with their position. The share will move towards its recent high of 35 Rs. around. Those who are stuck may take an exit. A new entry is strictly prohibited if you don't trade penny stocks.
Analysis:-
Currently @26.75
Cup and Handle pattern formation
Black lines are resistance.
Green is immediate support.
Red line is the Dead Zone.
Learn and Trade! Keep Learning, Keep Earning!
- #SonuNigam
