Company Overview:
BF Investment is a prominent investment company with a diversified portfolio of investments across various sectors. The company has a strong track record of delivering value to its shareholders and is well-regarded in the investment community.
Technical Analysis:
- All-Time High + Upper Trend Breakout: BF Investment has broken out to an all-time...
Setting up nicely. Price action is getting tighter with Higher lows getting near the horizontal resistance.
Volume is significantly low during pull backs and high during up move + Bounces are way too much aggressive as compared to pull backs.
50 EMA was undercut during the pull back once but then bounced back strongly. This time price bounced from 50 EMA.
Now...
Took a good trend line support made a jump of 16 points from 549 to 569 approx. Also broke the trendline today making low of 543.
As per trendline analysis it looks like selling has good oppurtunity if open without gaps.
Support at 543 if broke then Target : 537
Resistence at 553 if fail then Target : 543
For more random analysis like this please follow &...
BFINVEST
Buy : 411.5
Target : 452.5
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this...
BFINVEST
Expected to soon BO from current levels....
I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your looses.
NSE:BFINVEST After very long consolidation some strength has been seen in stock it is on its low level you can create positions.
stoploss for the trade would be swing low.
1. Price trading at support
2. Before TL breakout if entry if made, some extra reward can be taken against the least probable stop loss
3. Chart is facing resistance from ATH, probability is to break the resistance in coming days
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...
We have seen breakout of downtrend with high volume in BF Investment and also notice higher top and higher bottom indicate trend will remains bullish.
Demand zone and psychological level near 300, one can accumulate share from this level and hold for new higher top.
Buying Zone 303-300
Stop Loss below 294 (Below 200 DMA)
Target 1 325
Target 2 370
Target 3 399
This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Kindly like and share it to all your friends and the needy people. Thanks to all.
