BIRLACORPN trade ideas
Target 2 (57%) achieved. Target 3 is ON...This is follow-up on Birla Corporation. Can check link to related ideas.
Target 2 achieved. More than 57%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
BIRLACORPN | Previous resistance is an excellent support - 50%BIRLACORPN | Previous resistance is an excellent support and looks very safe above 800. Can see 50% and plus
CMP : 860 (Dip till 800)
SL : 740
Target : 1240
1:7+ risk reward setup (from dip - if we get)
BIRLA CORPIt continues to be on a strong uptrend and as activated a Bullish Harmonic Dragon suggesting further upside for 1100 and then 1500. Accumulation between 925-875 would be a preferred route
Fresh BO in Birla CorpRefer to the chart - The stock has broken out of a range with expanding volumes.
One can enter here with a swing low SL of 907 on closing basis.
Good luck! :)
Birla corporation markup beginsSign of strength rally and backing up action and holding levels she is ready for a markup journey targets 1 marked.
Birla CorpBirla Corp has given rounding bottom breakout with a good volume. we can see movement till its retracement level of 981 upto 1040 in near term.
Idea # 236: Birla Corporation (NSE: BIRLACORPN) on daily chart This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Rising channel and bullish flagStock has formed rising channel and broken with heavy volumes , stock also showing bull flag breakout after consolidation of few days. Price is above 200 MA, can be taken postional with sl(at 800) . I never belive in predefined target in holding . Bcoz market is supreme.
#BIRLACORPN Closed above strong resistance#BIRLACORPN Closed above strong resistance
Details in chart.
BIRLACORPN - POSITIONAL LONG1) Breakout happened in this stock after multiple rejections at this resistance line.
2) After breakout the price retested the previous resistance and trying to bounce back.
3) Good to buy above 865
