The stock nicely consolidated for almost 440 days. now stock gave beautiful breakout from ascending triangle pattern. Volume also huge !!! Looking good to BUY ! SL - Below the BO candle . TARGET - 213 level . Only for educational purpose .
I daily make educational content videos for swing / positional trading
Birla Cable Ltd is looking good to break 1 year range. Keep on radar for closing above 164. Recently company has announced its result for Q4 which are impressive. Can expect new lifetime high levels soon.
Cup & Handle Pattern (Weekly TF) #BIRLACABLE - Amazing Volume on up Move and significantly dried up during down side - Trading above Key EMAs - Bullish RSI - More explanation on chart itself.
Cup and Handle Pattern on weekly Charts NSE:BIRLACABLE **Only For Educational Purpose***
Birla cable good above 158 . keep an eye on it trade after breakout
Birla Cable forming cup and handle on weekly chart. Can move towards 320-350 levels. RS is positive along with good volumes on daily chart.
Birla Cable is trading near verge of ascending triangle breakout on weekly time frame. Closing above 163 required for pattern breakout confirmation. keep on radar. Sector is also performing well.
Birla Cable looks good on daily time frame , place stop loss below 147. expect a move till 180. more bullishness above 180.
Stock Name - Birla Cable Limited 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 145 #This is not Buy and Sell recommendation to any one. This is for education...
Breakout in BIRLACABLE Entry: CMP Targets: 175 DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss (THIS SETUP HAS A HUGE SL). I am not SEBI registered.
BIRLA CABLE .... 1 - forming inverted h&s daily and cup & handle weekly 2 - good volume daily and weekly 3 - price trading above 100 and 200 ma 4 - continue forming hl 5 - good rsi momentum 62 weekly entry above day high
NSE:BIRLACABLE daily timeframe breakout latest high breakout trendline breakout large volume
Birla cable is forming Ascending triangle pattern which is most profitable chart pattern but keep an eye on tradeline once it is broken, Heavy sell can occur in no time. Trendline is the wall of Ascending triangle which should not be broken if you are positive about the upside move. The Best way to follow my Analysis is if the following conditions...
Breaking out .. BIRLACABLE can deliver 100 % returns sl 64 closing basis tgt 140 Follow risk mgmt principles .. and trade as per your risk appetite
buy above 150 for a target of 170 plus in weeks time stoploss below 144
Retrace on Low Volume, Moving in a Tight Range TGT - 170 &180+(Positional) SL - 140 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may...
First Target Achived After Breakout Birla Cable Ltd.