Breakout in Birla CableDescending Triangle Breakout Setup
RSI above 70 and rising
Trading above EMA50
Volume spurt
10+ months of consolidation
Disc: For study, not a recommendation
BIRLACABLE trade ideas
BIRLACABLE - DAY CHART TURNAROUND SOON...NSE:BIRLACABLE CHART ANALYSIS 🧐
Time frame - Day chart
🔹Trend: Correction Downtrend is in effect with low volume fall.
🔹 The last swing low made is insignificant and formed a double bottom structure, with a small RSI divergence.
🔹View: Breakout of a trendline and horizontal range around 263+ can trigger a change in trend, from down to fresh up trend.
Promoter holding is increasing cause it had a slow correction phase for a while now and it hit the major trendline support zone so that will be a high probability setup for a potential up move.
🟢Entry: 30 min close above 263+
♦️Risk:- 230 on weekly candle closing below.
🎯Targets :- 290,350+
Use position sizing and follow your money management rules too.
Detailed analysis on chart, Study it and mark levels on your chart.
Multi time frame positional trade idea for 16 July marketsI daily make educational content videos for swing / positional trading
BIRLACABLE Investment PickStock is in Uptrend, made a Strong Higher High and now falling back to the Breakout point, wait for the Price-action to Happen for a Proper Entry.
Maintain proper #Stoploss.
BirlacableGood volume breakout. Green area is support for this swing and black line will be a target.
Birlacable potential upside candidatePrice retraced back to 61.8% fib from highs & holding nicely above 30 week ema.
Quart. result date is near, if numbers are good it can be a good potential upside candidate.
Disclaimer: Not Sebi Registered. Chart shared only for edu. purpose, Not a Buy/Sell recommendation.
BIRLA CABELcomapnys fundamentalis good.
in last december 2023 big fund buy this share
cmp 278
tgt 400+
sl below 200 dcw
Birla Cable Limited - Long Setup, Move is ON...#BIRLACABLE trading above Resistance of 355
Next Resistance is at 560
Support is at 229
Here are previous charts:
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 financial advisor before taking any trade.
Birla Cable Limited - Long Setup, Move is ON...#BIRLACABLE trading above Resistance of 229
Next Resistance is at 355
Support is at 151
Here are previous charts:
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 financial advisor before taking any trade.
Triangle breakout set up1. 15 Months breakout
2. Trend is bullish in all time frame
3. Risk to reward is lucrative 1:5+
Bullish on Birla cableBIRLA CABLE
(Swing trade holding time 15-30days)
Buy above 260-265 RANGE
Stoploss (SL) 244
Target price 310
Disclaimer -This is not a buy and sell tip, it's only for educational purpose analysis.we are not responsible for your profit and loss
Swastik capital
Birla Cable has bullish connection!Birla Cable is showing strength with closing above important hurdle 162.
NOW
176 was Panic Sell Level which act as resistance, but If it will break and close above it for at least 3 days then it will become support for Birla Cable, And It may test 250 plus levels as per current triangle pattern target.
We will watch for Risk management 145 Level as Stop Loss.
SO, Risk to Reward ratio is favorable.
Risk is yours and Reward is too yours totally.
Time Frame : 80-110 days approximately.
Birla Cable Limited - Long Setup, Move is ON...#BIRLACABLE trading above Resistance of 185
Next Resistance is at 229
Support is at 136
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 financial advisor before taking any trade.
Birla Cable Consolidation and BO#BirlaCable is showing a good 10 weeks consolidation and BO with good volume. CMP 191 can be added with 180 as SL on closing basis for 225. Above 230 closing will open a new price movement.
BIRLACABLE | Cup & Handle breakout and retestingBIRLACABLE | Cup & Handle breakout and retesting - Looks potential for 30-35% short term
CMP :168
SL : 150
Target : 220
P.S : Market cap is just 500 crore, consider taking lite position
Cup & handle pattern in birla cableCup & handle pattern in birla cable on 1D chart. BO and retest, both are seen.
Birla Cable: Looking good for Multiyear breakoutBirla cable is looking bullish on all time frame. Can expect a new all time high levels soon. Keep on radar.
birla cable now on bullish trend Birla cable is now a bullish, this same pattern we have seen in kpit technology on daily chart frame you can see kpit chart after this pattern form.
as per my analysis it should be 1st target is 205 2nd is 220 3rd is 230
you can buy now don't late
happy trading
disclaimer
this is only for educational purposes
Ascending Triangle breakout !!The stock nicely consolidated for almost 440 days. now stock gave beautiful breakout from ascending triangle pattern.
Volume also huge !!!
Looking good to BUY !
SL - Below the BO candle .
TARGET - 213 level .
Only for educational purpose .
2 good swing trading ideas with price action analysisI daily make educational content videos for swing / positional trading
