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BIRLACABLE

BIRLACABLE - Cup & Handle Breakout | Daily Chart📊 BIRLA CABLE LTD (BIRLACABLE) – Cup & Handle Breakout with Fibonacci Targets | RSI Overbought | Volume Spike | Daily Chart 📅 Chart Date: June 18, 2025 📈 CMP: ₹208.05 (+14.11%) 📍 Ticker: NSE:BIRLACABLE 🔍 Technical Chart Breakdown ☕ Cup & Handle Pattern Breakout BIRLACABLE has confirmed a Cup & Handle breakout above the neckline at ₹197.88 (also 38.2% Fibonacci retracement level), suggesting bullish continuation after a long consolidation. The breakout is clean with a wide bullish candle. 📐 Fibonacci Retracement Levels (from swing high ₹315.10 to swing low ₹125.41) 38.2% (Breakout Zone): ₹197.88 ✅ 50.0%: ₹220.26 61.8%: ₹242.64 78.6%: ₹274.50 Target: 100% Fibonacci: ₹315+ 💹 RSI & Momentum RSI at 73.75, entering overbought territory 🔼 Multiple RSI bullish crossovers visible during base formation RSI suggests strong buying momentum, ideal for trend continuation 📉 Trendline Breakout Downtrend resistance (dotted line) broken along with horizontal neckline Aligns with volume-based breakout, confirming strength 🕯️ Volume Confirmation Huge spike in volume (4.44M) on breakout day — highest in months Suggests institutional or smart money activity 📍 Key Price Levels ✅ Breakout Level: ₹197.88 🚀 Fibonacci Targets: ₹220.26 → 50% ₹242.64 → 61.8% ₹274.50 → 78.6% ₹315+ → 100% (Full target) 🛡️ Support Levels: ₹197 (neckline support) ₹170.18 (23.6% Fib) ₹150 (handle base) 💡 Trading Idea Entry: Close above ₹198 or on retest of neckline Stop Loss: Below ₹185 or ₹170 Targets: ₹220 → ₹243 → ₹275 → ₹315 Risk-Reward: Favorable with strong confirmation
NSE:BIRLACABLELong
by PriceAction_Pulse
Technical Development on Weekly Chart – Birla Cable📈 BIRLA CABLE – Chart Talking Loud Now! ✅ 200 DEMA crossed 200 Dema was providing solid resistance and now taken out marked with blue line. ❌ At Counter-Trendline Solid CT thrown from the top of the pattern, dotted white line shows that. ✅ Demand Zone Holding Strong Clearly shown a solid supply zone which got converted into a Demand only after the Breakout some months back. After months of consolidation and rejection from the same supply zone… price is now attacking with volume 🔥 🧠 “When structure aligns with emotionless patience, conviction follows.”
NSE:BIRLACABLELong
by Averoy_Apoorv_Analysis
BIRLACABLE - DAY CHART TURNAROUND SOON...NSE:BIRLACABLE CHART ANALYSIS 🧐 Time frame - Day chart 🔹Trend: Correction Downtrend is in effect with low volume fall. 🔹 The last swing low made is insignificant and formed a double bottom structure, with a small RSI divergence. 🔹View: Breakout of a trendline and horizontal range around 263+ can trigger a change in trend, from down to fresh up trend. Promoter holding is increasing cause it had a slow correction phase for a while now and it hit the major trendline support zone so that will be a high probability setup for a potential up move. 🟢Entry: 30 min close above 263+ ♦️Risk:- 230 on weekly candle closing below. 🎯Targets :- 290,350+ Use position sizing and follow your money management rules too. Detailed analysis on chart, Study it and mark levels on your chart.
NSE:BIRLACABLELong
by SANJAYPATIDAR_
1
Birla Cable has bullish connection!Birla Cable is showing strength with closing above important hurdle 162. NOW 176 was Panic Sell Level which act as resistance, but If it will break and close above it for at least 3 days then it will become support for Birla Cable, And It may test 250 plus levels as per current triangle pattern target. We will watch for Risk management 145 Level as Stop Loss. SO, Risk to Reward ratio is favorable. Risk is yours and Reward is too yours totally. Time Frame : 80-110 days approximately.
NSE:BIRLACABLELong
by jkwealthplus
BIRLACABLE - Ichimoku Bullish Breakout Stock Name - Birla Cable 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 145 #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.
NSE:BIRLACABLELong
by nikunjbhadja
BIRLA CABLE - SWING TRADE Birla cable is forming Ascending triangle pattern which is most profitable chart pattern but keep an eye on tradeline once it is broken, Heavy sell can occur in no time. Trendline is the wall of Ascending triangle which should not be broken if you are positive about the upside move. The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some (Rejection / Confirmation / Direction) 2.Wait for confirmation(Price Action Confirmation ( Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance) 3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones ) 4.Always Use Risk Management (Risk 1% of your capital) 5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation) 6.Trade at own risk! &. Plan Your Trade & Trade The Plan! Let Me know if you have any Questions or Comments Below! Negative Or Insulting Comments Are Not Welcome Financial by Tradingview Valuation Market Capitalization 3.897B Enterprise Value (MRQ) 5.478B Enterprise Value/EBITDA (TTM) 8.9670 Total Shares Outstanding (MRQ) 30M Number of Employees — Number of Shareholders 37.164K Price to Earnings Ratio (TTM) 17.9012 Price to Revenue Ratio (TTM) 0.7270 Price to Book (FY) 2.0867 Price to Sales (FY) 0.7270 Balance Sheet Quick Ratio (MRQ) 1.1374 Current Ratio (MRQ) 1.6894 Debt to Equity Ratio (MRQ) 0.4421 Net Debt (MRQ) 785.608M Total Debt (MRQ) 824.752M Total Assets (MRQ) 3.46B Operating Metrics Return on Assets (TTM) 0.0655 Return on Equity (TTM) 0.1225 Return on Invested Capital (TTM) 0.1153 Revenue per Employee (TTM) — Price History Average Volume (10 day) 129998.1000 1-Year Beta 1.1001 52 Week High 177.5500 52 Week Low 72.7500 Dividends Dividends Paid (FY) −30M Dividend Yield Forward 1.1547 Dividends per Share (FY) — Margins Net Margin (TTM) 0.0406 Gross Margin (TTM) 0.1562 Operating Margin (TTM) 0.0611 Pretax Margin (TTM) 0.0546 Income Statement Basic EPS (FY) 7.2500 Basic EPS (TTM) 7.2481 EPS Diluted (FY) 7.2500 Net Income (FY) 217.371M EBITDA (TTM) 434.592M Gross Profit (MRQ) 283.817M Gross Profit (FY) 836.347M Last Year Revenue (FY) 5.354B Total Revenue (FY) 5.354B Free Cash Flow (TTM) Regards, Aqib Malik
NSE:BIRLACABLELong
by AqibMalikk
1
Target 1 achieved in Birla Cable. Gain of 27% Target 2 is ON...This is follow-up on Birla Cable. Can check link to related ideas. Target 1 achieved. Gain of more than 27%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:BIRLACABLELong
by MandeepSinghKohli
13