BURGERKING -- strong volumes
Today's volume is the highest in the past Month with strong Momentum.
Price Crossed Weekly and Monthly Pivot Levels.
Once closed above 143 - we can see 153/157 levels in quick time.
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Hi everyone, Burger king india stock is trading in symmetrical triangle pattern on weekly chart & currectly stock is near it`s static support 145 can conisder buying if support get`s break next support 125 and all time low bottom of stock is 108. Upside resistance is 190 & then all time high 214.
LOGIC BEHIND TRADE : Stock trading in symmetrical triangle pattern...
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...
burger 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
Burger King NSE:BURGERKING is now at the bottom of the rounding pattern,
it will complete the rounding pattern,
one can add this stock in their portfolio for the short-term targets of 187
Burgerking looks good according to indicators and chart patterns , so we can initiate trade avove 164.85. More than 15% gain possible hold time 2 weeks.
Inverse Head and Shoulder, Burger King Ready for a Bull Run.
10 day Moving Average crosses 20 and 50 day moving averages. = Bullish Trend
Fundamentals of Burger King = 4.5 star
very good company with increasing sales.
> newly listed company in NSE.
> Leader of Burger restaurants
> Good Chart Pattern in Burger King
The 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.
