Detailed Setup analysis on BBTC Stock for 23 Jan I daily make educational content videos for swing / positional trading
BBTC trade ideas
BBTC: Showing strength from a critical level!⚡️Price Analysis:
1️⃣ Perfect retest of 5-year ATH breakout level.
2️⃣ Overall price structure is bullish.
3️⃣ EMAs are providing dynamic support to the price.
4️⃣ Volumes are good.
5️⃣ Price respecting and bouncing from the fibonacci 60% retracement level.
✨ Key Observations:
➡️ Multiple timeframe alignment showing strength
➡️ Ideal RRR setup at current retest level
➡️ 1:3 RRR can be expected.
➡️ Multiple target zones visible on upside
➡️ Trend structure remains strongly bullish
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts on the analysis below! ✌️
🔥 Happy Trading!✅🚀
BBTC Reversal ? ->> Bounced from a Important Level NSE:BBTC today bounced from an important level which was broken by heavy volume earlier in June 2024 now today exactly it went up with Price and Volumne Action. 100 DSMA will be important to see at the above levels.
Trade Setup:
It can be a Good 1:1 RISK-REWARD Trade for Aggressive Swing Trader, with 10 DSMA and Base Draw will be Important to sustain.
Target(Take Profit):
2532.90 will be Levels for Swing Trader.
Stop-Loss:
Around 1928.55 For Swing Trade and Positional Trader.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Positional Trade with 50% + Expected GainRounding Bottom & Breakout with Volume
BBTC LTP 2232
Weakness : incase if it breaks & Sustains below 2070
Add on Dips till 1900
SL CLB @ 1700
Strength 💪 : when it'll sustain above 2410
Possible Targets 🎯 : 2280/2480/2580/2680/2880/2980/3080
TSL MUST to Maximize your Profit's
Even from LTP 2232 if it goes till 3080 -->> its 38% Gain
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Naresh G
Sebi Reg.RA
A GOOD MOVE CAN BE WATCHED. a good accumulation, watchlista good indicator confluence, and a breakout can be seen. to trade only on breakout, a watchlist stock
BBTC Daily Chart PatternBBTC daily Chart Pattern Looks Good CMP@2640
Heavy Volume Witness Today
RSI Bullish
RS Bullish
BBTC - Swing Trade Analysis - 12th August #stocksBBTC - BOMBAY BURMAH TRADING (1D TF) - Swing Trade Analysis given on 12th August, 2024
Pattern: FALLING WEDGE BREAKOUT
- Resistance Trendline Breakout - Done ✓
- Pullback Candle from Weekly Support Zone - Done ✓
- Volume Buildup at Resistance Trendline - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
BBTC Cross his supply zone and convert a profitable share In this budget govt take some big decision about the seeds and agriculture share and that chart technical parameter and chart show big upside move will came any time and reached his life time high and given almost double return from the time frame of next 6 month to 1 year time frame
Technical point
1- Weekly triple top
2- Monthly double top
3 - Near his supply zone
4 - proper follow fab. point
5- cup and handle on number of time frame
BBTC TRG
FIRST TRG - 2115 & 2200
SECOND TRG - 2800
FINAL TRG - 4000
STOP LOSS - 1480
after 4000 if that split than new TRG will open for next level
Short Term Trading Opportunity in BBTC for 15% UpsideHi,
NSE:BBTC has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly 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.
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Disclaimer: Please consult your financial advisor before making any investment decision.
BBTC: Keep an eye on this multiyear breakout stock(1) The price at the 2050 level was strongly rejected in the past, leading to an 63% decrease.
(2) Eventually, the price found support near 690 and began to rise.
(3) However, it was rejected again near 1570 and fell.
(4) The price surged after a notable increase, breaking through its trendline resistance and carrying on with its upward momentum.
(5) At long last, after nearly half a decade, the price managed to shatter its resistance barrier and hold its ground above it.
BBTC : BOMBAY BURMAH TRADING CORBBTC
Bombay Burmah stock is getting ready to break the channel after 2017.
If the above price holds then a target like 3125/4670 can be seen in short to medium time.
Stock volume is also doing very well.
74% promoters and 10% FIIs have maintained their positions.
BBTC
Cup and handle patternGood volume buildup in daily and weekly timeframe.
Cup and handle [pattern breakout with good volume.
Highest volume buildup in the last one year.
NOTE: I do my analysis, do yours before trade.
BBTC - Breakout Setup, Move is ON...#BBTC trading above Resistance of 1776
Next Resistance is at 3091
Support is at 1461
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Amazing breakout on Weekly / Daily Timeframe - BBTCCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
Breakout in Bombay Burmah Trading Corporation Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BBTC Is Rocked Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Forming Rectangular box Pattern in daily TF.
* Expanding Wedge Pattern Form Inside Rectangular Box
* From Feb 2024 to June 2024 Tested Trendline Many times.
* It's Break resistance Zone and trying to Retest.
* Volume Accumulation (Volume is rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature. Don't know how we miss this amazing stock and forget to share this with you all family.
BBTC triangle breakout finally?BBTC is a very volatile stock which has shown many SL hunting moves in past.
The stock has given weekly breakout from symmetrical triangle and is looking good for big targets.
Levels are mentioned on chart. Trading in this stock has more risk than usual.
Idea shared only for educational purposes.
BBTC - Ichimoku Breakout📈 Stock Name - Bombay Burmah Trading Corporation Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 2015.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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#StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #smallcap #BBTC
Bombay Burmah Trading Corporation Ltd: Technical AnalysisHourly Chart Analysis:
Current Trend: Bearish in the short term
Moving Averages:
20, 50, and 100 EMAs are moving with the price, indicating a current trend alignment
The 200 EMA is acting as a significant support level
Fibonacci Retracement:
Using a retracement from the recent low to high, the stock is taking support at the 38.2% level, which is 1490.05
Recent Performance:
Since October 2023, the stock has shown a strong rally
Given the technical indicators, it's prudent to add Bombay Burmah Trading Corporation Ltd to your watchlist for potential trading opportunities.
Research, Trade, and Invest:
Conduct thorough research before making any investment decisions.
Monitor the stock closely, especially its movement around key support and resistance levels.
Be prepared to act on trading signals aligned with your strategy.
Disclaimer:
This analysis is for informational purposes only and does not constitute investment advice. Always consult with a financial advisor before making any investment decisions.
Market Analysis: Bombay Burmah Trading Corporation LtdAnalysis:
Bombay Burmah Trading Corporation Ltd. has a market capitalization of 10,840 crore, with a current market price of 1553.70. Its 52-week high/low is 1839.95/918, offering a dividend yield of 0.08. The stock has a beta of 1.33.
In the 15-minute timeframe, the stock is observed to be moving in a rounding pattern and is attempting to surpass its 20/50/100/200 EMAs. The resistance level stands at 1570.95, while the support level is at 1538.36.
On the weekly timeframe, the stock has crossed below its 20 EMA at 1559.37 and found support at 1461.51.
While a slight correction may be expected in the short and medium terms, a bullish outlook is maintained for the long term.
Investors are advised to conduct thorough research before considering trading or investing in Bombay Burmah Trading Corporation Ltd.
Disclaimer:
The following analysis is for informational purposes only and should not be considered as investment advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions. Investing in stocks carries inherent risks.
Amazing breakout on Weekly / Daily Timeframe - BBTCCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
BBTC longBBTC , after taking strong support, near a 5 years old decending trendline breakout,
strong weekly closing.
If breaks trendline,
1st target - 1350
2nd target - 1550
stoploss - 829
p.s. BBTC is a holding company of "BRITANNIA"
BOMBAY BURMAH Technical analysisBombay Burmah (BBTC)
Simply pointing some point to study the BBTC chart.
1. Its forming ascending bullish triangle.
2. BBTC in uptrend
3. above 50 MA.
4. Risks & Rewards (2:1)
Conclusion:
My analysis shows potential strong bullish run.
I am not a sebi registered analyst. My studies are for education purposes only.
