LONG BIRLAMONEYBIRLA MONEY
NSE:BIRLAMONEY
Cmp - 63
Stop - Nil, Add more on relevant dips
Expectation -
T1 -90
T2 - Open, Review at 90
Expected Holding Period - 3 months or earlier for T1
Technicals - ✅, right
Fundamentals - ✅, will follow price
View:- Swing/Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Birlamoneylong
Birla Money 14/01/21 Thursday The price was moving in a Descending channel which breached DOWN 50 EMA and TESTED support at 100 EMA (like always) and re-breached UPWARD 50 EMA and took support on it . There's High Probability to achieve Target 1 . One cannot deny the possibility of achieving Target 2 (but with lesser probability). The price looks strong overall ,as on higher TF the trend is bullish. Please check the trend before initiating the trade by whichever signal you rely on. Trade Smartly and Wisely.