BI TRADE BHAGYANAGAR Looks Good ABOVE 120 SL 80 Targets 132-138-158-163-217 Hold few months Please consult your financial advisor before investing All research for educational purposes only. Reversal from bottom, RSI is shifting in upper direction. Stock is ready to cross past barriers with good volumes.
Bhagyanagar India ascending triangle breakout on daily time frame.
Bhagyanagar India Ltd. is engaged in manufacturing of copper and other copper products and alloys. The company is also in the business of wind power generation. Company deals in Copper products and has been a partner to its clients who are primarily Original Equipment Manufacturer (OEM). Company has diversified into Telecom products, Solar products and Real...
BHAGYANGR gave a breakout in the upper side. Looks good for swing trading
possibly forming cup & handle. multi year BO above 60.4 can make it a multibagger.
Another candidate caught up in the channel. A probable upside on the cards. #Just sharing the Idea, not a recommendation.
The stock is making a rounding bottom and looks good positionally Cash stock so trade with small quantity
buy zones are 43.5---38.5 for target 66 & 90
this has a given bo on weekly. and a gapup on daily chart. buy at cmp or if you get it around 38-40. chances of gapup are still high ignore in that case. just wait for pullback than positionally i am seeing target around 60.
shall sustain 41.75 to achieve 63
near BO level of 33.4 on weekly closing basis
32.95 is the level to watch