Breakout with volume on Balrampur ChiniNSE:BALRAMCHIN has given breakout
after a long consolidation stock is going upside.
Fundamental Tailwind also support
Take long position with proper SL
BALRAMCHIN trade ideas
BALRAMPUR Cup and handle breakout
Cup and handle breakout
Cup and handle breakout
Cup and handle breakout
Cup and handle breakout
Cup and handle breakout
Cup and handle breakout
Balrampur Chini BullishBalrampur Chini seems strong bullish breakout in
daily
concentrate if price sustain at the range of 480
Balrampur Chinni almost a doubler
#BALRAMCHIN 272 high (with 70% potential and 100 % patience #ninjaMoku )
NinjaMoku is a trend following system based on #ichimoku , enabling us to take right entry & exits at decisive points in the #trend. #Nifty
Sugar stock creating a Darvas Box Balrampur Chini Mills Limited (BCML) is one of the largest integrated sugar companies in India. The allied businesses of the Company comprise distillery operations and cogeneration of power.
BCML is one of the most efficient integrated sugar producers in the country. The Company has grown its capacity by well-planned capacity expansion projects and the acquisition of existing companies over recent years
Technically it has created a Darvas Box with volume which can be considered for a long position
only trade on your due diligence
Balarampur Chini given break outBalarampur Chini can give massive return. Stock has given break out with high volumes.....
Balramchin - Flag PatternThis stock performing good even in the bearish market.
Flag pattern found.
Take trade with your own risk
balrampur chiniif price get back for retrest as per our lavel after that get confermation and take a trade for swing trade.
BalrampurChini Box Consolidation Demand in Sugar sector
52week High
Positive Relative strength
MACD Crossover
Darvas Box
BALRAMPURCHINI: BULLISHStock is making HH HL on every time frame . One should buy the stock with sl of 409 & look for the target of the 465/485
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalBALRAMPUR CHINI
Recent news favorable for Sugar Indus....
Balrampur Chini Mills down by only -0.07% v/s NIFTY 50 down by -7.85% in last 1 month
At CMP one can be enter or safe entry will be above 450 levels
SL will be 425 levels on a Closing basis for a target of 420/500 levls minimum.
Note:
Above levels for Education purposes only
Do your own analysis before taking any trade.
[Buddha] BALRAMCHIN Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
BALRAMCHINStock has been bounced back from its strong support of 380 which earlier acted as resistance. Also stock is getting ready for breakout. Buy above 420, TGT 500, SL closing below 380. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Symmetrical triangle patternBalrampur Chini forming a symmetrical triangle pattern.
3rd touches on lower trend line, shows strong supports
4th touch show the trend line is tested multiple times, and it is becoming weaker.
Stock has contracted in recent days with drop in volumes,
soon it will enter the expansion phase i.e pick up momentum volumes
Expecting a breakout on upside.
SL 416
Target 490
Buy on Balrampur ChiniBUY : Balrampur Chini
Reason for Buy:
Support on previous resistance and forming green candle
Support on 50 MA
Target and Stoploss mentioned in chart by Green and Red Colored area respectively.
Duration : 15 days to 1 month
Go LongBalramchini, on close above 460 could gain momentum. Setting up very well and looks like it is protecting downside.
R:R - ATR - 1:3
Plan your Risk
BREAKOUT STOCKGood Stock and breakout stock on current level.
I am expecting Good Move in this stock
Balramchin setting up for 600+ levelsBalramchin setting up very nicely for 600++ levels in medium term.
Balrampur chini Intraday View !BALRAMCHIN : cmp : 415.3
Facing stiff resistance at 425-430 zone.
Showing weakness in daily chart. RSI & MFI trending down.
Closing below previous low.
Weakness may extend in short term.
Sell on rise .
Sell @ 418-420
Target may be 402-397
Sl 428/ According to your risk appetite.
Option : FEB 410PE can be look after.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
If you find this helpful and want more trading/Investment Ideas.
Please show your support back,
LIKE & COMMENT
❤️ Your Support is very much appreciated ❤️
BALRAMCHIN | Range breakout after 8 months - Looks potential 20%BALRAMCHIN | Range breakout after 8 months - Looks potential 20%
CMP : 404 (Dip : 390)
SL : 370
Target : 450 or Open
1:3 risk reward setup
Balrampur Chini Mills pullbackThe volumes on high bearish days in Index were very low and the price is back at the Break Out level making this a pullback setup. Price is now well above Breakout level, this gives a high probability, high risk-reward opportunity
Simple Trade Setup | BALRAMPUR CHINI | 27-01-2022 [INTRADAY]NSE:BALRAMCHIN
Observations:
1) On 1 day time frame, we can see it is between support and resistance range.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 27-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
