Chart is self explanatory
Beautiful triangle 🔺️ breakout with increased volume assurances.......
Candle spread this huge ensures big player involvement..
Technofundamentally 💪.......
Good buy 😄
Not a tip or call..... Do as per your research.....
Lemme know your opinion... I'll be honored to know them
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
This stock has given a strong breakout from the symmetrical triangle pattern or bullish pennant breakout. Looks promising for upside. Not a buying selling recommendation. For educational purposes only
Introduction:
Bharat Wire Ropes Ltd. engages in the manufacture and sale of steel wire ropes, wire strands, and wire rope slings. Its products include different types of ropes including general purpose ropes, fishing, crane, structural, elevator, mining, oil and gas, and shipping ropes. It also offers mechanically spliced and hand spliced...
BHARATWIRE :- If the stock sustains the upside in tandem with the breakout, then we may see an upside moment.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to...
#BHARATWIRE trading above Resistance of 262
Next Resistance is at 417
Support is at 132
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
So far, Bharat Wires was trading inside the trendline zone and it has made a positive wave Pattern Breakout around 210 and took a proper retracement and strong support in 210 levels. The stock is now expected to go upside in the levels of 240-245 area in the next days.
Stock Name - Bharat Wire Ropes Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 182
#This is not Buy and Sell recommendation to any one. This is for...
dedt reducing,wire sector is in on fire,metal price down,debt restructuring apporved by rbi and payment is made as per plan ,if sustain above 160 may see new high
Stock Name - Bharat Wire Ropes Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 144
#This is not Buy and Sell recommendation to any one. This is for...
Bharat Wire - Positional Analysis - Weekly Chart
Given Flag Breakout & Bullish Marubozo
CMP 56.75 Buy For Target 69-80-103-126-143-160+
SL Below 30
Add More If Get @40-42
