BURGER KING "BUY CALL" POSSIBLE 17% ROI
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Burger
BURGER KINGburger king is consolidating in a symmetrical triangle pattern, we can see a good breakout in this share in upcoming days for the target of 123, 250, 300.
we can imitate buying in this share at this place because of trendline support and range support. stop loss is 140 thanks
BURGERKING cup and saucer breakout near CUP and handle formation, wait for the confirmation.
have an eye on this.!
For learning purpose only!
BURGER KING--> Good upside potential after breakoutThe above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
LONG BURGER KINGwith tgt and sl market
entry price will be after a retest!
A confident breakout is when it retests the previous resistance zone as its (now) support zone.
burger king Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
BURGER/BNBBURGER/BNB
BUY1 : 0.01630(CMP)
BUY2: 0.01530(CMP)
BUY2: 0.01430(CMP)
TARGET1: 0.02530
TARGET2: 0.03530
TARGET3: 0.04530
TARGET4: 0.05530
Short Burger King First at 135.15If the price comes back to 135.15, then take a short to 115.20. From 115.20 take a buy and hold till all the way up to 213.80 with a trailing stop loss.
BURGER KING MAY TAKE SOME SUPPORT AT THIS BUYING ZONEBurger King is on the roller coaster ride since it's IPO listing. It met our Target of 200. went till 219 and now trading at 157 with consecutive two lower circuits. As we have very fewer historic data to analyze the technicals...We can focus more on psychological levels here. 130 to 145 is the 1st level of buying zone where stocks will be transferred from retailers to smart money. A small quantity can be added here. 15% of stocks are owned by retailers so Smart Money will accumulate these shares from 100 to 200 levels. We might see multiple waves in the coming time and then finally Burger King will trade at a fair price. I will recommend fishing (buying stock) wisely at the right level. This fall will open good entry points.
Expecting Burger King to touch 200 IPO was 156times oversubscribed. Retailers have a 15% stake in Burger king. Weak Investors will book profits while FIIS and DIIs will increase stake in Burger King. Sectors have great potential to grow. BK is itself a big brand. If financials are taken care off, we should expect this script to grow at least 3-4 times in short duration. However, as of now, I am expecting it to touch 200 price tag.
CMP - 132
Targert - 200
Absolute Returns - 51.15%
