Amazing Company ..
A very small cap company but posting continously good results.
had come to my radar at very early stages but then i cudnt buy it then..
Right now expecting this company and stock to perform well.. my trading plan already mentioned in the charts
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Bigbloc is trading at 164 at the moment.
On a daily timeframe, the stock is trading above its 20 and 50 EMAs with support from volume.
The levels of immediate support are 156 and 135.
if the stock maintains these levels and displays encouraging signs.
Consequently, target T1 can be anticipated to be 179 and target T2 to be 198.
This is my personal view and...
📊 Fundamental Analysis
Bigbloc Construction Ltd., the powerhouse behind NXTBLOC, is making waves in the construction industry with its manufacturing of building blocks and aerated autoclave concrete bricks. Let's delve into the fundamentals to decipher the potential of this stock.
PE Ratio: With a PE ratio of 94.61, Bigbloc appears overvalued. Investors...
After a fake breakout in previous attempt, Bigbloc is trying to breakout again.
Volumes seem decent, upcoming earnings will be a key trigger.
Chart is self explanatory.
It is not an investment advice. Only for Educational purpose.
Kindly do your own research before buy/sell decision.
Thank you!
📌Amazing Setup
✅Keep on Radar
BIGBLOC
+ Volatility & Volume contraction
+ Trading around ATH
+ Resistance tested multiple times
+ Trading above Key EMAs
Bigbloc is treading above bullish 1/1 line consistently implying overall bullishness. Support is seen around 140 level and if it sustains bullishness we can have a target of about 280 over medium term.
Fundamental Pick:
Investment Horizon: 6 months
Target: 185-200
SL: 105
Logic :
Durability Score: 90 (out of 100)
Consistent Highest Return Stocks over Five Years - Nifty500
Company with high TTM EPS Growth
Effectively using its capital to generate profit - RoCE improving in last 2 years
Company with Zero Promoter Pledge
BIGBLOC
cmp :91
Broken out of descending triangle pattern on weekly chart with a gap up, although it is the first day of the week today.
Volume will build up as the week progresses.
