chart clear level range pattern.
market risky .
dont know
about fundamental of company.
posted as just to learn technical via sharing.
so confirm ur end techno funda before any action. risk is ur decission is ur
This is only education purpose only.
Do your analysis before investing.
Entry should be daily candle close above this trend line also check volumes.
Maintain stop loss.
BILCARE LTD (BSE)- Weekly Chart- Cup & Handle Breakout
CMP 67 Buy For Target 83-120-150-170-210-300-400-500+
Buy More If Get @50-55
SL Below 40
Holding Period 2-3 Years
Hi all,
With reference to Daily chart of BSE:BI if it breaks the below support taking a short position is more likely and if it holds series of resistance above might still provide advantage for still taking short position at even better price.
regards
Bibin
Bilcare Ltd. is a holding company, which engages in the provision of pharma packaging research solutions. It includes pharmaceutical packaging, global clinical services, reasearch and development services and anti counterfeit technology. The company was founded by Mohan Harakechand Bhandari on July 1, 1987 and is headquartered in Pune, India.
BSE
