The price has crossed above the Bullish triangle pattern with a higher volume in weekly chart. Slight correction could be seen around 800 levels probably due to profit booking. The stock is not likely to fall below 680-690 levels as this level should now act as support. For more than one year outlook you can buy now around 750 levels. Traders trying for period...
Birlacorp is looking Bullish on chart & it is also forming Trendline which is steeper & testing multiple resistance level on higher side. It is advisable for the traders to adopt buy on dips strategy for the upside target of 640 & 660
The thick green lines are basic Action Reaction lines. Andrews Pitchfork is a subset of these Action-Reaction lines. Things look bullish whichever way we dice this chart. Am planning to buy at least a token quantity in this stock today !
Plan your trade & position-size judiciously !!