BHARATRAS out of consolidation after a period of long time. When lok into MTF, we can see that it has been corrected sufficiently and was in an accumulation phase. Recent volume buildup indicates that it is out of dormancy.
Key Highlights: 1. Long entry on range breakout 2. Bouncing off long term support 3. Good accumulation in the background
BHARATRAS:- Symmetrical triangle pattern is formed, you can plan for side confirmation if you get side breakout, till then keep your eye on the stock. 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...
Stock looks good at the current levels for swing action. Good volume and price action for swing. Check chart for target.
Bharat Rasayan prediction by Dr. Shrikant in 2017. The Stock saw tremendous growth due to strong Fundamentals and business environment.
Stock has made bottom for near term. Volumes are rising steadily, 11800 may act as resistance but it will most likely be breached as volumes are picking up. RSI in overbought zone Buy with a stop loss of 11430 on closing basis. Target 12848 & 14150 If incase stop loss is taken, renter when stock price trades above 11500 with same Stop Ioss. I expect first target...
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if price respect the channel then price chances to move towards 61.80% of single leg and price showing strength in the weak market is also a good sign for budget rally friends yours comment ,like and share are great motivation for us this type of study for you . your suggestion are very valuable for us
Breakout with huge volume in Bharat Rasayan Limited
DON'T HAVE MUCH TIME TO TRACK TRADES? - Take BTST trades at 3:25 pm everyday - Book profits within first 30 minutes of the market opening - Try to exit taking 3-5% profit of each trade - SL can be taken when 5/15 min candle close below 44EMA Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of...
BHARATRAS if not able to sustain 10088-9949 then it may head towards the low support zone.
Bharat Rasayan Ltd.: Triangle pattern (Time frame- 1 Day ) . Chart time frame -1 Day ) Trade type -Short term Duration - 3 months Entry - 12800 Target 1 - 15000 Stoploss - 11850 Risk : Reward - 1:2.3 Leave us a comment or like to keep our content for free and alive. Have a great day everyone! Disclaimer: All charts are purely for educational and information...
There is a clear opportunity in Bharat Rasayan Ltd .The price is near a trendline support , a golden fib support and a previous resistance support . The promoter holding and FII / DII holding has increased , this shows some good buying sentiment in this stock .
Why to buy ? 1. The stock is at 0.618 fib 2. Took multiple support at the green line 3. Positive divergence in RSI ( RSI making higher lows) 4. Support of 200 EMA. ( Earlier too the stock took support of 200 EMA and showed a healthy jump) 5. Decrease in volumes( Sale volume) 6. Large green candles 7. Triangle pattern Buy between 11800 to 1200 Target - 16000 ( at...
falling trendline breakout; resistance at 14174.15
Triangle breakout pattern in Bharat Rasayan limited.....
Bharat Rasayan - bouncing rom support zone. If manage to sustain above previous swing low, Retest of ATH possible