Bombay Dyeing and Manufacturing Company - breakout Bombay Dyeing and Manufacturing Company - breakout from resistance zone
StopLoss @ 97
Target 1 @ 127
Target 2 @ 143
BOMDYEING trade ideas
BOMDYEING - BOMBAY DYEING Triangle Breakout expectedDetails provided in Chart.
Consider hitting like and follow if you find it useful.
Bombay Dyeing - 2yr breakout with volumeSL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Bombay Dyeing and Manufacturing Company - breakout Bombay Dyeing and Manufacturing Company - breakout from resistance zone
StopLoss below the resistance zone
Target 1 @ 127
Target 2 @ 143
Bombay Dyeing gave BO on weekly and daily TF of its resistance1) Breaks 200 MA on weekly TF
2) Break resistance of 99
3) Volume is continuously increasing
from past 2 months
Bombaydyeing 175+ soonbest part is it's closed above 21 monthly EMA. it can move like a rocket anytime soon.
target 1 149
target 2 175
Channel PatternBomDyeing can be a good stock to go long. Closed strong on weekly time frame.
Nice channel breakout.
Very good breakout in Bombay in monthly chartLooking strong for short and long view
First target 140
Bombay dying & MFG : weekly time frameStock trying to break the major resistance with high volume , if it breaks the 100-101 resistance level we can wait for some lil bit or correction or can enter for short term gains , it will go up to the range of 150 & more . Simple price action .
Watchout for 2 year old Resistance breakoutThe stock looks good above 100 level for 10-15% further upmove positionally
Shilpa Medicare & Bombay DyeingShilpa Medicare & Bombay Dyeing
Detailed analysis on these two stocks
