Cup & Handle breakout
Volume spurt
RSI above 70 and rising
Above EMA40
Brigade Enterprises
Real estate developer based in Bangalore. Completed over 250 buildings aggregating over 70mn. sqft of developed space.
Revenue last 3yr: 1950cr, 2999cr, 3445cr
Avg OPM 3yr : 25%
Net profit last 3yr: (-)96cr, (-)65cr, 222cr.
Disc: not a recommendation
NSE: BRIGADE is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on...
BUY - BRIGADE ENTERPRISES
CMP - Rs. 617
Target - 1: Rs. 835
Target - 2: Rs. 1030
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Timeframe - 4 months - 1.5 years
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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BRIGADE:- Wait for the breakout till then keep an 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 share and follow :)
check my other ideas to get to know about all the successful trades...
BRIGADE:- Head and shoulder is showing formation, give a breakout and sustain it,
make a catch plan only after it doesn't give a breakout, then ignore 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,...
1.Stock was on short term down trend making LH ,LL
2.Price is taking support of trend line .
3.formed a bullish engulfing patrn .
4.also broke its recent LH successfully .
5.Volume and RSI substantiates the analysis.
Could give 3-5% in short term - educational purpose only .
Weekly chart of Brigade enterprise looks promising, if give 2 consecutive closing above 530 then targets 1) 574 3) 596 with SL 474 Daily closing basis. Only problem which I see here is falling volume, so if it give closing above 530 then enter with only 30% of total plan qty and can add more 30% near 500 zone. Just place the alert on Trading view and wait for the...
Chart -> Brigade Weekly
As per the chart, it was consolidating in a range from last 10 months.
This week it has come out of the range with an all-time high close.
CMP: 560
Good to add: 500to530
Targets: 665, 733, 780
SL: 477, weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered,...
Stock Name - Brigade Enterprises 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 573
#This is not Buy and Sell recommendation to any one. This is for...
