only for learning purposes,not recommended for buy or sell.
Bullish Above 314 Target : 348, 379+++ SL: 280 Risk is yours and Reward is too yours totally
Power sector is slated to do well in the coming days. This is riding on multiple weekly patterns. Let's see how it plays out. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY...
Look fresh near 235-245 range for upside 310/350 with SL 214..
Structure Analysis Monthly - Bullish Above 350 Weekly - Bullish Daily - Bullish Buy on dips.
Looks bullish for short term and med term.. One can look fresh near 260-270.. for upside 310 and 350..
BF utilities gave trendline BO in last session with vol. A good buy setup
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Bollinger Squeeze on BFUTILITIE and the candle has breached the lower band. So an upward move is possible in the upcoming days.
Enter around 341.30
Buy between 320-330, target 360 & 380. Stoploss below 315
Recommendation: Buy at / above: 337.64 Targets: 342.08 --- 346.72 --- 351.39 --- 356.09 Stoploss : 333.06 Sell at / below: 333.06 Targets: 328.68 --- 324.16 --- 319.68 --- 315.22 Stoploss : 337.64
TP1 : 225.60 TP2 : 275.10 TP3: 321.05 SL : BELOW 144.50 AVERAGING : 123.90 FOR LONG TERM HOLDING (5 YEARS ) TP1 : 371.35 TP2: 590.90 TP3: 752.00 SL : 112.00
SEEMS READY FOR ACCUMULATION, CAN BE BOUGHT ON FALL TOWARDS 210 , BEST BUY AROUND 225 FOR TARGETS
#BFUTILITIE - chart