#BBOX trading above Resistance of 248
Next Resistance is at 293
Support is at 184
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This...
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
#BBOX #swingtrade #patterntrading #chartpatterns
Black Box : Swing Trade
>> Inverse H&S Pattern Breakout (Strong one)
>> Good Volume Breakout
>> Good Strength in stock
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations &...
BLACK BOX LTD - Gave a breakout from HEAD and SHOULDER pattern.
Made a new 52 week high today.
Breakout with high volume and high gain.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
BLACK BOX LTD - Making a FLAG pattern on a 60 min TF.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
Take Weekly Swing Trade and Grow your Protfolio.
Idea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%
SL can be Maintained below Breakout Candle
Rule 1 : Never Do Averaging if the Stock moves down ; One can Add more Qty if Stock moves...
📉 Alert! Bullish Pattern Spotted! 🐻
📊 Pattern: Inverted Head & Shoulder
📌 Symbol/Asset: BBOX
🔍 Description: Pattern breakout with volume, good upside possible.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Technicals
Black Box Looks good for a Buy from a Monthly Demand Placed between 74.55-60
Entry - 75
T1 - 112
T2 125
T3 146
SL - 40
Holding Period 6-9 Months
Fundamentals
Positives
*Growth in Net Profit with increasing Profit Margin (QoQ)
*Increasing Revenue every quarter for the past 2 quarters
*Book Value per share Improving for last 2 years
*FII / FPI or...
