BIRLACORP corrected by almost 29% from its 52W high of 1156.55 and took support at the lower side of the triangle formed as seen on daily chart. The scrip has already given a breakout from traingular pattern, but large candles are yet to be seen.
Recommendation: An Entry above 933(close)
ICICI MF holds 4.52% and HDFC MF holds 1.1% of their...
NSE:BIRLACABLE has given a Breakout of the previous two-month consolidation price with a high volume, BIRLA CORP Looks Bullish for Short Term on Daily Charts and we expect to see Rs . 1110 - 1120 levels in the coming next 10 - 15 Trading day
Stoploss placed below @ Rs. 952
Birla corporation's stock price is near the supply zone. If the price falls from here, go long at the demand zone and if the price manages to break the supply zone, go for a momentum trade position.
The bullish bat pattern sets the demand zone and below this demand zone, a huge fall could come. Below the demand zone, the downtrend will be confirmed because it has...
In this Birla Corp. stock we have witnessed multiple breakouts in bullish trend for almost now a year.
This trend line is now a major support.
These are the multiple points where an investor or trader can take entry
and can efficiently plan a strategy and do money management.
And price action makes analysis simple and easy to understand and is least...
This is follow-up on Birla Corporation. Can check link to related ideas.
Target 2 achieved. More than 57%. Target 3 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.