Bikaji showing reversal on Daily Time frameBikaji showing reversal on Daily Time frame, 10%+ upside today from PRZby Ahmed_Siddiqui1
BIKAJI BULLISHPERFECT EWT 4TH WAVE IN COMPLETION, soon upside move with volumes can be seen for 5TH wave confirmation.Longby Manojmkm1
BIKAJI: Time for Accumulation?⚡️Price Analysis: 1️⃣ Price testing strong Dz. 2️⃣ Price structure is bearish. 3️⃣ Price hovering near EMA - crucial for bullish momentum strength. 4️⃣ Volume declining during recent fall - potential exhaustion sign. ✨ Key Observations: ➡️ Strong Dz confluence at 700 (previous consolidation + moving averages) ➡️ RRR favourable at CMP. ➡️ FMCG sector & Pharma sector are showing higher relative strength than any other sectors currently. ➡️ Break below 700 could trigger a panic selling. ➡️ Need sustained move above 780 to reverse the current weakness. ⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️ 💬 What's your view on FMCG sector? Share in the comments below! ✌️ 🔥 Happy Trading!✅🚀Longby SuperNova3965
BIKAJI The stock has corrected 22% from its all time high, and is approaching its Support level placed at 740 (38.2% FR level). In previous corrections, the stock resumed its up-trend after giving a price (low) breakdown. Currently also, the stock has given a breakdown of near term lows. If stock resumes up-trend between now and 740, we could see a new all time high soon. by CourtroomInvestments2
Bikaji - Inverted Cup & HandleBikaji : Inverted Cup & Handle Approaching support area Weak below 809by roshansai1
BIKAJI GOOD CHART STRUCTUREBIKAJI 👑👑 I am just representing my views For educational purposes only. GOOD CHART STRUCTURE Stock on high all time Closing above 980 - 985 Needed Target 1000/1100 stopless 955Longby EmpireCrown3
VIEW ON BIKAJI FOODSGood chart structure Stock at all time high Closing above 980-985 levels needed Target 1000/1100 Stop loss 955 I am just representing my views For educational purpose only.Longby dakshb38392
Bikaji food higher high patternBikaji foods good pattern building up. Gradually consolidation weeks decreasing means higher demand in stock. constant making higher highs. Diwali approaching this will be a hot cake. According to trend based fibo extension. Upside levels are clear. It will only become weak below 840 now. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware. DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.Longby ashishhcUpdated 2
BIKAJI FOODS Stock:- Bikaji food Trend :- positive Setup:- ascending traingle breakout Timeframe:- daily Buy :- at current market price or retesting support zone Stoploss:- breakout candle low Target :- 10% NOTE :- PLEASE CONSULT YOUR ADVISOR BEFORE INVESTING IN STOCKS WHICH I RECOMMENDED Longby nishant26dec20011
Bikaji Foods International Ltd - Breakout Setup, Move is ON...#BIKAJI trading above Resistance of 815 Next Resistance is at 1135 Support is at 686 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby MandeepSinghKohli4
Breakout strategyBreakout strategy works well when stock breaks previous highs and sustain above the trendline, so we can expect the bullish move aheadLongby Vishwajit67072
BIKAJI - Ichimoku Breakout📈 Stock Name - Bikaji Foods International Ltd 🌐 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 920. 🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #smallcap #largecap #BIKAJI Longby nikunjbhadja2
Bikaji foods personally favourite stockGiven breakout at 900 easily we can capture 15-20% returns No buy or sell recommendations Longby Trade_with_Madhav2
Bikaji -Consolidation BreakoutBikaji : Consolidation Breakout done Looks good above 936 with support at 909Longby roshansai8
BIKAJIBIKAJI showing resistance breakout with decent volume. Flag pattern is also there.Longby vinithshah90
WILL GST RATE CUT ON NAMKEENS TAKE BIKAJI TO NEW HIGH GROUNDS?-> Tight contraction at breakout levels -> Strong uptrend and above all key EMA -> Solid fundamentals -> Closing above 900 should take this to 1000+ levelsLongby Kushal0411111
BIKAJI FOODSBikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies. Annual Revenue rose 18.98%, in the last year to ₹2,356.66 Cr. Its sector's average revenue growth for the last fiscal year was 3.7%. Quarterly Revenue rose 32.92% YoY to ₹625.95 Cr. Its sector's average revenue growth YoY for the quarter was 3.85%. Annual Net Profit rose 106.7% in the last year to ₹265.7 Cr. Its sector's average net profit growth for the last fiscal year was 13.57%. Quarterly Net profit rose 208.22% YoY to ₹116.24 Cr. Its sector's average net profit growth YoY for the quarter was 6%. Stock Price rose 55.48% and outperformed its sector by 44% in the past year. PE Ratio is 55.96, lower than its sector PE ratio of 57.49. Debt to Equity Ratio of 0.1 is less than 1 and healthy. Return on Equity(ROE) for the last financial year was 21.8%, more than 20% in the last financial year, indicating an efficient use of shareholder's capital to generate profit. Interest Coverage Ratio is 39.37, higher than 1.5. This means that it is able to meet its interest payments comfortably with its EBIT. Promoter Pledges are zero. Negative Mutual Fund Holding decreased by 0.27% in the last quarter to 9.7. Promoter Share Holding decreased by 0.08% in the most recent quarter to 75.1%. Longby CannySunnyUpdated 1
Bikaji Foods - Flag Pattern & Breaking out of consolidation !!Bikaji Foods we earlier captured 20% (refer our earlier chart). Now we expect this stock to move towards 950+ levels: 1. Q1 results are very good couple with management guidance 2. MACD is getting positive 3. RSI is positive 4. Volume on last trading day shows positiveness Cleaneasycharts - Clean Charts, Easy Charts!! Right Stock at Right Time at Right Price!! Cheers!!!Longby CleaneasychartsUpdated 2
Long trade - Bikaji - Flag and PoleTrade Set up - Flag and Pole breakout with huge volume and retest of neckline Execution - Accumulate between 720 to 750, Stop loss at 680 (daily close) Target - Blue sky Longby Tej101
BIKAJI: Strong Breakout Stock!BIKAJI: Strong Breakout Stock! Patterns: Bullish Flag Pole Formation Volume: Massive increase observed Price Targets: 800 / 825 / 870 / 925 / 950++ Stoploss: 685 DCB Disclaimer: For Educational Purpose Onlyby financebysujit2
BIKAJI bullish; above 754 ? - Friday 2nd Aug.BIKAJI: Bullish if ~6-week long Consolidation @747 is broken on good volumes. The above information does not constitute investment/trading recommendation and it is purely for educational purpose.... INTRADAY Trading Strategy in 3 stages of breakouts: 1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk:High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). "Safe traders" with minimum risk profile wait for a breakout from the consolidation stage to enter into trade , to book high profits in the final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.(another 2-3%) Both Safe Traders/High Risk Traders book profits at this stage SWING Trading Strategy: Position is kept open, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose.... Longby JJ_BreakoutsUpdated 5
BIKAJI UPTREND AND REVERSALBased on price moving and Ema positions Up move possibility is higher This is only for educational purposes. Longby selvat070
Bikaji foodBased on price moving and Ema positions Up move possibility is higher This is only for educational purposes. Longby selvat070