Refer 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! :)
Sign of strength rally and backing up action and holding levels she is ready for a markup journey targets 1 marked.
Birla 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.
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Trendline breakout..then retracement for many days..watch it
Reversal on the way after a Channel Breakout.
Stock 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 Details in chart.
Stock has given BO from Resistance levels and also crossed the Corona Top
1) 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