Monthly Set up. Charts look excellent. Results in waiting.
#BANG - Potential BO Idea CMP - 52.00 Disclaimer : We are not Sebi registered analyst or Authorized analyst The charts / Levels / Price projections are only for educational purpose. This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell We will be not responsible for your profit and Loss Please like and retweet if you...
The stock fell into distribution and consolidation after the trend reversal from 54 points. It has broken out of the consolidation and is now a good buy. We can re-target 54, taking a 50% quantity profit there, and then wait for a breakout when it closes above 55. Disclaimer: I personally hold BANG OVERSEAS LTD. For education purposes only. Not a SEBI registered...
BANG now in double bottom...so its possible to move from this point...anyway keep stop loss strictly
If the chart touches the support line, sure to jump in for a quick rise....
Analysed levels mentioned on chart...
A breakout above orange line will lead to a new all time high a breakout from the wedge on lower side will lead to correction. Dont forget to join my channel mention in my profile. ALL THE BEST
As can be seen due to favorable exchange rate for exporters this issue has risen significantly and is trading above all indicators except tenkan, which means the stock is taking a breather also, the cloud B line is flat which is concerning and can attract towards it. look for dips and reversal candle formation on weekly basis for buy in the scrip.