BBTC - Breakout Analysis Trendline Breakout observed in BBTC.
Enter the trade only it breaks the trendline and the same trendline acts as Stoploss.
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BBTC trade ideas
BBTC looks ending the current retracement trend. BBTC on weekly looks like is at the completion point of retracement to its previous rally. A next rally can be expected from here. keep Close watch.
BBTCBBTC has been consolidating for a long time and trying to go higher. Let's see what happens in the coming days, but I think some smart money is buying the stock now. If we can buy here, we can make a good profit
BBTCVery good bullish setup formed in BBTC stock..
You can observe following points before going long..
1) Stocks break good resistance level with high volume..
2)After breakout price comes again to support level with low volume
3) After consolidating price again breaks consolidation area with good volume gives uptrend confirmation..
4) Again pullback action forming.
5) Its better to take entry above 930 lvl for high RR..
RR - 1:6+
Note - For educational purpose only..
BBTC #kaisalagtahailong term parallel channel has broken and get into bearish parallel channel. This is going to be more tough
expect more selling below 690
BBTC Closing Wedge Pattern Buy only if closing candle above wedge line
Stop Loss :-6%
Target :-21.7%
Let us see what is going to be happen
BBTC Trend Line BreakoutBBTC is attempting trendline breakout ! First Target 1380 and SL is below the green box.
BBTCbought on 26 april 2022 due to commodity stock (tea, coffee) as inflation rises throught the roof.
bbtc 20%on day chart ,try to make hns,trendline bo
details on chart
note-only for educational purpose
Descending pattern in between parallel channelCheck chart self explainery
Key factor : rsi weekly below 40 in parallel channel
BBTC FOR MINIMUM 25%RESULTS WERE AMAZING.
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
parallel channel bottom pointthe stock has following through parallel downward channel on the monthly time frame
now on a weekly timeframe, a descending triangle pattern is formed.
buy - cmp - 1090
target - 1250 , 1320 , 1400
stop loss - 1090- below 1070
Swing Trading Opportunities for the week beginning 11-10-21TRADING WATCHLIST FOR THE WEEK BEGINNING 11-10-21
INTENT
I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade plan.
ON MY WATCHLIST FOR THE COMING WEEK
This is a weekly review of the available opportunities so my time frame for analysis moves from Daily to Weekly and from Hourly to Daily. Here are the likely candidates for the week -
WEEKLY TIME FRAME- FOR LONG POSITIONS
Asian Paints
BPCL
HDFC
ICICI Bank
Tata Consumer
Force Motors
HDFC AMC
HPL
Bayer Crop
Bombay Burmah
Bector Foods
Engineers India
Idea
SECTORS LOOKING GOOD FOR LONG POSITIONS-
Auto
Media
PSU Bank
Ideally, the best candidate would be the one that features in both lists. I may / may not take these trades as not every opportunity should / can be traded.
I believe that it is better to help someone learn the technique of selecting good scrips than giving tips - in any case, I am not SEBI regd so I do not have the authority as well to do so.
In case you are able to spot the setup and the trade basis, please do share so that together we can learn.
Thank you for your time and Happy Learning,
Umesh
10-10--21
Disclaimer -- This post is shared for learning and educational purposes only and in no way acts as a recommendation. I am not a SEBI regd trader so please either decide your trades/investments on your own or consult your financial advisor before making any trades.
Bounce from support zone in BBTCCompany : BBTC
Entry Price : 1168.0
Stoploss : 1051.2
Target 1 : 1284.8
Target 2 : 1350
BBTC awaiting results at support zoneWe can see 2 inside bars being formed in the past couple of days in anticipation of results.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
BOMBAY BURMAHBombay BURMAH looks too good to me for short-term to mid-term Targets could be 1500,1800,2100. Formed flag pattern
