BIRLACABLE is Good Breakout out above 72..BIRLACABLE #BIRLACABLE looks to be a eligible counter for breakout above 72
The counter has been in the this range for a while now , any sustainable breakout above 72 with good volumes should take it to new levels ,
SImilarly any drop from the 65 range the stock should be avoided for longs
Note : This article is for education and research purpose only , Please consult your financial advisor before taking any investment decisions
BIRLACABLE
► ADVANCE PATTERN #12: BIRLACABLE ◄► ADVANCE PATTERN #12 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
▣ Key Highlights:
➨ Time frame WEEKLY 𝓦
➨ Rounding Arc ◡
➨ Trend line ⍩
➨ Triangle Pattern ►
➨ MA 300 ↝
➨ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 75
SL: ☢ 65
Target: ➚ 90/115/145
RR: ☈ 1:7
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Swing Trade Idea #238 : Long on BIRLACABLEThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Swing Trade Idea #216 : Long on BIRLACABLEThis is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.