Balrampur Chini - breakdownStock not ale to cross 415
Multiple rejections seen at high
Distribution Phase over
breakdown below 400 will take the stock ack to 350 levels
Sell recommended at any pullback near 400 with SL above 415
BALRAMCHIN trade ideas
BALRAMCHIN
CMP: 355
- Breakdown below support area and 200ema as well
- I see another 10 to 15% fall from here
Balrampur Chini - V RecoveryBalrampur Chini :
V recovery in Progress
Above 420, could move upward faster
BALRAMPUR CHINI MI | ALL TIME HIGH BREAKOUT | TEHNICAL ANALYSIS BALRAMPUR CHINI MI is a good buying because of the following reasons:
All-time high/Box Breakout with great volume.
Price trading above the 50 EMA.
Breakout after consolidation.
Considering the low of the consolidation a target of 570 is expected. If you are a risky trader you can buy on the very next trading session or a safe trader can plan for long after the pullback.
Disclaimer: The analysis is for educational purposes. Please do your due diligence before making decisions.
Thank you
Shadow(the noob trader)
Breakout stock for swing tradingBreakout stock for swing trading.
Trading near an all-time high.
Good to add this price. NSE:BALRAMCHIN
BALRAMPUR CHINI ANALYSIS 20.04.2022BUY 411 TO 436
TARGET 660 TO 680
Reason For Buying This Script :
In this script it forming Elliott wave in monthly time frame. Now the price in 3'rd to 4'th wave which indicate selling. Once the price come at above given level means try to accumulate.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.
ALL THE BEST ..
Balrampur Chini Long Channel breakout happened in Balrampur Chini looking great for 10-14 % upside Stop 450-440 Zone
Balrampur @ 511 target 530/540/550Balrampur chini is at 52 weeks high and will continue to break the highs as open interest buildup is also good in the stock
Balrampur chiniUnseen technical Analysis /Price action Behind the Balarampur chini
Stock breakdown stage 2 Flat Base
Again Formed Base of stage 1a
Given Breakout to Stage 1a
Entered at Stage 1b i.e flat base
Given breakout and formed 1c
Now trying to give Breakout at Stage 1c
BALRAMCHINtarges are opens
IF YOU LIKE MY IDEA …PLEASE .FOLLOW ME
Disclosure : I am not SEBI registered. The information provided here is for Education Purposes only. Consult your financial advisor before taking any decisions
Balramchin.Balramchin. formed pole and flag pattern ...we can see multiple inside bars previously 3 days back...the stock is under volatility compression,once break out it will give a massive movement.
Good Base formation in Uptrend
High accumulation followed by low volume consolidation
ATH and beyond
Can be trailed with 21 EMA
Balrampur Chini Mills | Good for Long NSE:BALRAMCHIN
Cmp : 487
Try on Pullback near 462
#Study, Learn & Earn.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action.
Balrampur chini Positional View !BALRAMCHINI : cmp : 445.8
Trading near the breakout zone of 452 - 460 . If it surpasses and sustains
above the level a buying movement could be possible in the near term.
Making higher highs in weekly chart.
RSI & MFI trending up.
Buy on dips.
Accumulation zone : 440-450
Profit booking zone may be : 480 - 500
SL 428/According to your risk appetite.
Positionally can move 540+
Sl 403 Dclbs
March Future as well as Option :March 450/460CE can be look after.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
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BALRAMPUR CHINI All detail for chat. good entry at 460 Around Price. and must stoploss is 405 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
#balramchin reversal candidatetrading near support strong chances that it will reverse from here if market support start adding in small qty otherwise it will give chance to add at 340/345 levels
#balrampur #breakout #stockatpositvebreakout Balrampur ChiniPramod Patwari, CFO at Balrampur Chini Mills, said on Monday that India's sugar exports will be at an all-time high this year and that the financial year 2024 would see the benefit of plans to raise pan-India ethanol production capacity.
