Marubozu Pattern Spotted Bullish Pattern Formed. Volumes are increasing on daily basis.
it can hit the target of 37 on long term basis . i.e. 20 x returns inverted head snd shoulder formation
Stock going through healthy consolidation. Might be a Good entry Point near 39-40 to enter the next ride. A Company with strong fundamentals
i m looking more upside in this stock and its gud for longterm investment also. u can add on dip. Disclamer : Before investing in stock consult ur financial advisor
NSE:BCG has given stellar returns and proven a Multibagger. But that needs to be cautious right now. We require a healthy correction or consolidation to enter fresh. Rs28 level can act as major resistance.
It's a financially strong stock and for long-term investment. CMP 8.15 0.85 P/E
I have already recognized the head and shoulder pattern on the weekly chart , one can add the stock when both rsi 7 & 14 go above 60
The level has been tested 9 times on the weekly chart. Can give good breakout above the level.
Keep an eye on it looks bullish if breaks 10.55 with volume
It has been wavering between green & blue line. On 16th or 17th October if it crossers 5.8. <<<>>>
NSE: BCG is on the potential spring of accumulation. Initial position can be created.