Again a Buy call on Balrampur Chini
(Risky but a high reward Positional Trade)
Stock is consolidating from long time and making base formation(rounding Bottom), it looks like stock is waiting for some news to move up.
usually such formation occurs when smart/informed investor buy at lower levels to make higher profits.
After announcement of MSP, govt is ...
Balramchini is running in channel it's very good for long term
Balrampur Chini is to benefit from govt plans to use more ethanol 3 years down the lines planes would also fly on ethanol.
Very Good Action might happen any time soon
100+ | 120+ Target hold with strit stoploss