Buybuy bal pharrma at cmp 73.80 stop loss 69.95 target 3 times of risk. Can keep trailing with stop loss of parabolic sar or 5 SMA
it's not an investment advise to buy or sell
BALPHARMA trade ideas
BALPHARMA BUY TRADEBalPharma Buy Trade - Educational purpose. After a proper accumulation, ready for Big move.
Longer the Consolidations Stronger the BreakoutWhen price consolidate above 200 Day Moving Average and break the upper boundary with extremely high volume then high probability price continue the Trend. Our work is only Manage Quantity and Risk .
BALPHARMANote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
BALPHARMABALPHARMA is somewhere at its potential BO where its good to but when it breaks its consolidation range for the targets mentions in charts it also taking support of 200 EMA with great volume ones it break its consolidation range can enter in the trade
CHART IS SELF EXPLANATORY
Watchout for range breakoutThe stock has been consolidating in a range for 7 months and looks good positionally above 114.5 level for a target of 137
Learn & Earn,
Dr. Tanya Kumar
BALPHARMA BHALA HOGADISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
BUY CALL! Bal pharmaThe chart shows every detail.It is based on support and resistance. Can take turn also so take risk accordingly.
Feedback always welcome
My swing picks1 , multi year trend line brek out
2 , triangle pattern break out
Entry above 105
Sl 92
Target 125 and 135
bal pharma very small company may reach 140++can wait for breakout or can take as probability of breaking up is high'
can partially book at 124
may reach 150+ in the long run
risk - very small cap
expected by when nifty is going to reach 16800
similar ideas are rcf and similar history of movement can compare with gati
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
BALPHARMAAfter good run up stock was consolidating near 50 DMA. Futher on 04-12 there was some increase in volume that has been bought into and stock has not corrected much. And on 05-12 it has closed at the highest point with volume higher than previous one.
It seems supply for the stock is over and any small demand can also take stock higher very fast.
It can be bought at 58 with SL of 54.50
#BALPHARMA - VCP InvestingResistance turning support and reversing with a pin bar at resistance level.
Possible target 68 and 101.
long, looking good for 90long, looking good for 90, there is a resistance around 83, if that is crossed, then 90.10 is a near term target
balpharma at strong support, expecting bounce.In weekly, balpharma at strong trend line support. expecting a bounce here.
sl - 88 tgt - 108
