BALRAMPUR CHINITHIS SUGAR COMPANY SCRIP SEEMS TO BE POISED TO REACH THE TARGET OF 167 IN THE COMING DAYS.
BALRAMCHIN trade ideas
BALRAMPUR CHINIBALRAMPUR CAN BE ENTERED AT 140-145 LEVELS, FOR AGGRESSIVE ONES.
WHEN THE PRICE STARTS TRADING ABOVE THE CLOUD, CONSERVATIVES CAN ENTER FOR TARGETS OF ABOVE MENTIONED LEVELS IN THE CHART.
160-164 on cardsTrading at support zone can see upside up to 160-164. However if price goes below 154 we can see 150 on cards. 150 has great support and high probability to bounce back to 155.
Looks Good BuyTrading at support zone can see upside up to 160-164. However if price goes below 154 we can see 150 on cards. 150 has great support and high probability to bounce back to 155.
BALRAMPUR - WAIT FOR SOME TIMEEARLIER TARGET OF 167 REACHED.
THIS TIME BALRAMPUR IS BACK TO TOUCH 174.
WAIT FOR PRICE TO START TRADING ABOVE 158, TO ENTER LONG.
In the weak market it was risingBuy for a target of 158,6-161.85-165.3
please see my previous call attached with.
Bullish crab pattern detected.Govt planning not to increase purchase price of sugar cane.
May positive for sugar mills(please check before trading)
Price may rise to 151 minimum.
BALRAMPUR CHINI - ENTER ABOVE 157!IF THE PRICE CLOSES ABOVE 156.8, THEN THE TARGET IS 162.
KEEP STOP LOSS @ 150.
IF THE PRICE CLOSES BEYOND 162, THEN 168 IS THE LIKELY TARGET.
FIRST TARGET SEEMS A POSSIBILITY.
FOR SECOND TARGET IT WILL TAKE TIME.
looking good! once 158 is crossed, open sky is ahead!in short term 180 is my target.
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
BCHINI : BUy on breakoutA strong cup and handle.. Keep a look out for breaking the highs near 147 abvove which a 20 points run can be achieved.
Power of RSI Divergence - How it can make or break a TradeWhy the stock slipped down even when prices were making higher highs and Ichimoku showed a positive up trend
Negative RSI Divergence -
While Price was making Higher highs RSI was making lower highs which is classic negative divergence
So watch out for such indications in the future
BALRAMPUR CHINI - STRONG & SWEETTHERE WILL BE A RESISTANCE AT 145 LEVELS.
ONCE IT IS CROSSED, PRICE TARGETS OF 156/165 AND 174 ARE ACHIEVABLE.
STOP LOSS AT 137.5 (OR YOUR COMFORT) MAY BE PLACED.
ALL THE INDICATORS ARE INDICATING BULLISHNESS.
BALRAMPUR CHINI BUY SIGNALBalrampur looking positive from here, pullback to 20 EMA and 1st green candle, Buy with an SL of Low of the Green Candle.
BALRAMPUR CHINNI || SWEETNESS MIGHT TURN SOUR!Balrampur Chinni might have completed the upmove in the present cycle and could distribute before moving down. One may close long positions and initiate shorts on rise with a potential dip towards 117.
A converging MACD on the downside and a dip in RSI from overbought region back the call.
