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BALRAMPUR CHINI MILLS LTD.BALRAMPUR CHINI MILLS LTD.BALRAMPUR CHINI MILLS LTD.

BALRAMPUR CHINI MILLS LTD.

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BALRAMCHIN trade ideas

BALRAMPUR CHINI - SWING TRADE ON SHORT SIDESymbol - BALRAMCHIN BALRAMCHIN is currently trading at 610 I'm seeing a trading opportunity on sell side. Shorting BALRAMCHIN Futures at CMP 610 I will be adding more position if 630 comes & will hold with SL 640 Targets I'm expecting are 575 - 550 - 530 & below. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:BALRAMCHINShort
by akshit_official
4
Balrampur Chini Mills Ltd- Stock Analysis The chart provided shows the price action of Balrampur Chini Mills Ltd listed on the NSE, with an analysis of a large price pattern. Here is the breakdown: Technical Analysis of the Chart: Price Range Movement: The stock had a 35.41% decline (approx. ₹184.90) in the earlier phase (marked on the left side of the blue box) between 2022 and early 2024. The recent rally shows a 35% upward movement (approx. ₹183.30), which indicates a strong reversal after the dip. Consolidation Box: The chart displays a clear consolidation phase, marked by a rectangle, where the price moved sideways for a long period (likely a couple of years). This accumulation phase indicates that investors were buying the stock at lower levels, awaiting a breakout. Breakout: There is a sharp breakout above ₹520, suggesting a strong bullish momentum, with the stock now at ₹574.90. The breakout from this range signifies a potential trend continuation in the upward direction. Volume: There is an increasing volume (displayed below the price action), which aligns with the breakout. This suggests that the uptrend is backed by strong participation from buyers. Potential Opportunities: The breakout after the long consolidation is a bullish signal, and typically, such breakouts tend to lead to further price gains. With the current uptrend, a potential target price could be around ₹700–720, based on the historical movements (35% upward target projection). Financial Considerations for Investment: Before making an investment decision, it’s important to review key financial metrics for Balrampur Chini Mills Ltd: Revenue Growth: Look for consistent revenue growth over the last few years. A growing revenue base indicates healthy demand and business expansion. Profit Margins: Check for operating and net profit margins. Sugar companies tend to have volatile profit margins due to fluctuating sugar prices, so a stable margin would be a positive sign. Debt Levels: High debt could be a red flag, particularly if interest coverage is weak. Ensure that the company's debt is under control relative to its equity. Dividend Yield: Balrampur Chini Mills is known for offering dividends. A good dividend yield could provide additional income, making it attractive for long-term holding. Sector Outlook: Sugar stocks are cyclical, meaning they perform better during certain phases of the economic cycle. Investigate the sugar sector trends, government policies, and export opportunities for Balrampur Chini. Conclusion: Technically, the chart shows a strong bullish breakout, and based on historical movements, there is potential for further gains in the short to medium term. Financially, ensure that the company has healthy fundamentals like stable revenue, manageable debt, and solid profitability before considering a long-term investment.
NSE:BALRAMCHINLong
by shivtoshiva2022
Balrampur Chini | Ready to Give Big ReturnStock Name: Balrampur Chini Mills Ltd. Why to add in a portfolio: Technically: 1. Cup n Handle formation from Nov 23 to Aug 24 2. Weekly Breakout from April 22 to Aug 24. 3. Descending Reversal (Green line) Breakout. 4. Volumes are increasing Fundamentally: 1. Revenue: Overall Revenue Rs 5593 cr in 2024. 2. Promotors have 42.9 good Equity. 3. FII & DII have 12.19 & 22.58 % equity Imp. Note: This analysis is provided for informational purposes only and does not constitute a direct recommendation to buy or sell stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions, as market conditions and individual circumstances may vary. Market Risk: However, it's important to acknowledge the inherent risks associated with investing in the stock market, including but not limited to volatility, economic downturns, regulatory changes, and unforeseen events that can impact stock prices. It's crucial for investors to remain vigilant and diversify their portfolios to mitigate potential losses.
NSE:BALRAMCHINLong
by NaveenTTR
1
BALRAMCHIN ATH breakout after 2 years of consolidationBALRAMCHIN has finally broken out after a prolonged 2-year consolidation period, signaling potential upward momentum. This breakout could attract strong buying interest as investors and traders alike take notice of the stock's renewed strength. Keep an eye on the volume and price action in the coming days to gauge the sustainability of this move, as it may present a significant trading opportunity. #StockMarket #Investing #Trading #BreakoutStocks #TechnicalAnalysis #BALRAMCHIN #StockAlerts #MarketTrends #Bullish #SwingTrading #Finance #StocksToWatch
NSE:BALRAMCHINLong
by JayChhatbar
BALRAMCHINI & MPHASIS Showing High Rise in Future OIBalrampur Chini The stock price saw a notable decline after dropping beneath the Rising Wedge pattern. Subsequently, it entered an extended phase of consolidation, during which it formed an Inverted Head and Shoulders pattern. After the breakout, the price surged initially but then experienced a short consolidation period before breaking out again. This movement also shows a breakout from the Rounding Bottom pattern, which is allowing the stock price to go up even higher. Mphasis The stock price is currently in a strong consolidation phase. The chart shows that an Inverted Head & Shoulder pattern is developing, suggesting that this phase might end soon and the price could rise after a major breakout. To see an upward movement, the price needs to break through the 3,100 level and stay above it.
NSE:BALRAMCHINLong
by GoodluckCapital
short term trading opportunity in Balrampur Chinidoe 20% upsideHi, NSE:BALRAMCHIN has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:BALRAMCHINLong
by raigvivek
1