buy 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
Reason for long a) Gartley long set up b) mini double bottom
Sl compulsory Buy signal.. MacD in weekly time frame generated buy signal, and buy signal above zero line. This indicates the super bullishness. More over the Volume supports the price hike and another catalyst like factor is breakout from the consolidation zone. All factors indicates the super bullishness in this stock. Duration 3 t 5 weeks for 10% price hike....
Reason for long a) trendline support for long b) harmonic patter formation for reversal c) Short cover possibility Risky long as it is reversal play
CMP: 127 Box breakout. Expectation: All Time High-168, 200+
Bal Pharma looks ready for a move.. keep an eye. good consolidation
BalPharma Buy Trade - Educational purpose. After a proper accumulation, ready for Big move.
When 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 .
Note: 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...
BALPHARMA 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
Consolidation breakout possibility Volume supports the breakout Duration 5 months Sl compulsory long term only
The 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
DISCLOSURE 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...
The chart shows every detail.It is based on support and resistance. Can take turn also so take risk accordingly. Feedback always welcome
1 , multi year trend line brek out 2 , triangle pattern break out Entry above 105 Sl 92 Target 125 and 135
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...