A bullish flag & pole Chart Pattern Breakout completed on the Daily Time frame of NSE:BALAJITELE
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a...
BALAJITELE :- The stock has given a breakout, you can plan something if you come for retesting.
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...
We can see the chart is strongly supportive at these levels.. in coming few days I m assuming this script to reach targets of 100 & 125. Must add in portfolio.
The stock has been consolidating in a range for 1.5 years and looks good for an upmove. Buy above 76.8 level for targets of 83 and 87.5
Learn & Earn,
Dr. Tanya Kumar
NSE:BALAJITELE
BalajiTele
View : Bullish Shortterm - Medium Term - Long term
Structure : Range Bround
Range Breakout: Traders can enter in the direction of a breakout from a trading range.
To confirm the move is valid, Traders can use other indicators as per thier own wish.
Observation:
1. Range Breakout @ 75.00
2. Double / Multiple Bottom
3. Multiple...
About to breakout from the long consolidation and pandemic also seems to be endemic.
volume is also favorable.
Technical: Triangle chart breakout.
SL : between 68-55
Target : 99/135
Time frame: 3-4 months.
#BALAJITELE
CMP - 76.45
Only Above 78
Next Levels can be expected 89 & 102
View will be negated below 55
Disclaimer : This idea is only for education purpose, Pls consult your financial advisor
We are not Sebi registered.
Retweet and Like
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most...
Balaji Telefilms
NSE:BALAJITELE
Cmp - 73
Stop - 62 on DCB
Expectation -
T1 - 85
T2 - 100, Review at 85
Expected Holding Period - 20 trading days or earlier for T1
View:- Swing
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Buy BalajiTelefilms on a close above 74.5.
SL 69; Target of 97.75
Beautiful cup & Handle at the bottom.
It can also be an inverted H&S. The first target can be 97.75
