Date : 23-02-2024
Buy BFUTILITIE @CMP
Target of 959-1013-1084-1135-1208
SL 761 / 643
Strategy : SBO + RSI > 60 + EMA above 20 & 50
Duration few weeks
Please consult your financial advisor before investing
All research for educational purposes only.
Stock is ready to cross past barriers with good volumes
The stock is trading at a fair PE multiple and has shown quite significant growth fundamentally moreover it has been forming series of complex cup and hadle patterns . The stock has given a breakout with good volumes which enhances reliability and for near term it can been seen at 1069 levels 1127 after that and eventually rally till 1600 levels
Hey traders! 👋 Today, I'm sharing my analysis on BFUTILITIE, which is showing a breakout setup with strong volume. Here's a breakdown of the setup:
📈 Setup: Breakout With Volume
🔍 Analysis: I've conducted a thorough analysis on multiple timeframes, confirming the breakout setup.
📊 Indicator Support: Momentum indicators are showing support for the bullish...
52 Week high stock BO at Monthly Timeframe. Good Potential and RS is in Making. Currently RS at Monthly TF are 75..Take Your call.
For my RS strategy check my timeline.
Remember: I am a Price Action Trader and use Price and Volume together with different Timeframes, including RSI, and market conditions. To get best result always wait for confirmation. Focus on...
Tradingview :
📈 Stock Name - Bf Utilities 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 857.
🚨 Disclaimer: This is not a Buy or...
BF Utilities Limited
CMP: 818
Potential Opportunity % : 49%+
The Company primarily generates wind power which is then utilised by Bharat Forge Ltd.
Company has delivered good profit growth of 41.0% CAGR over last 5 years
BF Utilities CMP 790, Can go for a Long RUN...
11000, 1200, 1400+++ time frame 1-2 Yrs
Keep crisp SL 730 DCBSL..
On a verge breaking 10years lethargic high
-Ishaan
NSE:BFUTILITIE
cmp 709
following breakout at 530 and then reached a peak of 815
after retesting the breakout zone, everything appears ready for the big move
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is...
