Mrs. Bectors Food Specialities LimitedBECTORFOOD:- stock made cup and handle pattern keep your eye..
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
BECTORFOOD trade ideas
Breakout Retest patternBroke out with decent volumes (ignore the single red candle of block deals ), see volumes in lower time frame and retested 388-390 levels and seen minor bounce back now. Share is a good hold with sl around 385 on Weekly closing basis.
on numbers front encouraging sign on part of margins and also strong capex in line for next 24 months.
Mrs. Bectors Food Specialities LimitedBECTORFOOD:- Stock is about to give breakout on weekly chart, stock tried breakout a few months ago but could not sustain. keep on radar.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
BECTORFOOD - Ichimoku Bullish Breakout Stock Name - Mrs Bectors Food Specialities Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 420
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
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BECTORFOOD round bottom & trendline BONSE:BECTORFOOD BSE:BECTORFOOD
Time Frame – Weekly
Observations :-
* Round bottom formation done
* Trendline resistance break with good volume
* DII increased the stake from 4.29 to 13.73 in June Quarter
* Promoters also increased the stake from 51.07 to 51.11 in June Quarter
Resistance – 410 / 465 / 520 / 624
Support –340 – 325 zone & Daily 200 SMA
DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Long Bector Food for the target of 471 (35% upside)Bector food has achived my earlier target of 366 and make high of 367.7. it has formed rounding bottom and currently giving some pull back. CMP is 348 and any dip around 330 is the good buying opportunity for the target of 471. Time span of same is around 5 to 6 months.
Above view is for education purpose . Please consult with your advisor before investing
BECTORFOOD : Will be more tasty if sustains the momentumStory started only from past 2 weeks after crossing 4 Weeks high on 22nd July.
2022-07-22: Crossing 4 week High, close is above 20 SMA on Daily and Weekly time frame- but below on Monthly time frame
2022-07-25: Cross WK Piv Upside increase in momentum
2022-07-28: Cross WK Piv Upside
2022-08-01: Crossing 4 week High
2022-08-02: On Daily time frame, SMA 30 cross SMA 100 - consider for Long. Volume is highest in 3Months.
2022-08-05: Today again volume is highest in 3 Months.
2022-08-08: Crossed trend line, Daily VWMA is crossing Weekly VWMA. ADX >38, DI+ > 35
If sustain the move after retest trend line - we should be seeing 390 / 440 levels in short time.
Its my own understanding - please spend time on own research.
Positional trade Stock is a low momentum, low volatility small cap.
However, certain levels are very predominantly evident on the chart.
Such as a daily close above 390 would make the stock a strong long positional bet for first target of 430.
With results round the corner, positive surprise would be a trigger for such a move.
BECTORFOOD (NO INDICATORS - ONLY PRICE ACTION)1 - There is a hidden channel pattern in descending traingle where stock has been taking the support on trendline
2 - Right after fall , gapped up and made reversal (inverted hammer ) . today closed in green which is reversal confirmation(bulls are In control)
3 - Main thing is here to consider that reversal happened at area of interest (demand zone)
4 - one can enter by keeping stoploss at 370 levels .
5 -And the target always depends on price action , actually I don't set target, I do take exits depends on priceaction (and it varies to person to person's conviction)
6- still if you want to set a target then go with 1:2 or 1:3 risk reward
7- Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)
NOTE : I only use simple Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good.
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Mrs. Bectorfood (Daily Chart) Only for educational purposeTechnical analysis: BECTORFOOD
Mrs. Bectorfood( Daily Chart ) Only for educational purpose
Expecting consolidation in stocks going to end.
Now we have very good support in Bectorfood, between 400 to 395
Upwards: We have two more strong resistance 409 and 426
My Targets (do not take any trade by my analyses)
• 1st Target 408
• 2nd Target 424
• 3rd Target 439
• 4th Target 453
• 5th Final Target 470
I have also provided some Support and resistance area above chart you can see.
Friend please analyses before taking any action do not depend on my analyses it’s just for education purpose only and follow the proper risk management. If you like my Ideas please hit the 👍 LIKE button and share some of your ideas in comment section.
Comment: Mrs. Bectorfood Still in Uptrend so please keep eye on that.
POSITIONAL #KASH_STOCKBECTORFOOD: FRESH VIEW
The stock is moving in ascending channel pattern. If the stock holds a lower trendline of the channel pattern and manages to cross and sustain above 409 levels, then we can expect a good upside as per the channel pattern.
We'll review it again on crossing 409 level.
Please do your own study before any trade.
Swing tradeMrs. Bectors Food is a well-established player in the biscuit and breads segment in the Northern region of India. The company ranks among top 2 in the premium and mid-premium biscuits category in Punjab, Himachal Pradesh, Ladakh and J&K. The company holds a market share of 4.5% in the North India under premium to mid premium biscuits segment.