This value stock is being accumulated since 2020.Yes, BRNL (Bharat Road Network Ltd.) is in accumulation phase since 2020 in the range of 25 to 45.
Range BO can give descent returns as mentioned in the chart.
Accumulating can extend to another 6 months or an year.
Stay invested.
Kindly note that I am not a SEBI registered analyst. Perform your ow
−31.05INR
−2.096BINR
3.263BINR
12.018M
About BHARAT ROAD NETWOR
Sector
Industry
CEO
Bajrang Kumar Choudhary
Website
Headquarters
Kolkata
Employees (FY)
533
Founded
2006
ISIN
INE727S01012
Bharat Road Network Ltd. engages in the development, operation, and maintenance of national and state highways. It engages in a single business segment of own, build, develop, design, operate, transfer road and related services. The company was founded on December 22, 2006 and is headquartered in Kolkata, India.
BRNL : Strong Breakout NSE:BRNL
View: Long Term Bullish
BRNL:31 January 2022
Pattern: Double Cure
Observation :
Support of Double curve pattern 26 -28.
BRNL moved up with Trendline as a support
Strong Breakout at 41.55 - 44.15
Accumulate between 41.55 to 43.70 or buy > = 45.
Stop loss not more than 4% for Long t
bharat road network ltdshare name : bharat road network ltd
call type : poistional
- share is forming a range after a good a fall
- a good consolidation can be seen for the level
of 40.40 and 26.45
- we can accumulate this share above 40.40
after a good candle closing with sl of 35
- approchable targets 53, 80 ++
#BRNL WEEKLY CHART VIEW!!#BRNL WEEKLY CHART VIEW!!
Bharat Road Network Ltd. is consolidating in a narrow range; right above the support zone.
Presently the stock is trading below 20 SMA and likely to see short term bounce if the stock holds 27-29 zone.
Break below 27 on daily closing basis may extend further weakness in
BRNL WEEKLY CHART VIEW!!BharatRoadNetwork bounced from weekly support zone and strong volume last week shows buyer's interest in the stock.
RSI failing to enter oversold area is a sign of weakness as of now.
Likely to stay positive in the medium term until the stock stays above 30-32 zone.
Keep a watch.
Bharat Road Network Ltd. - Descending Triangle PatternBharat Road Network Ltd.
The stock is trading in a descending triangle pattern & at a support zone in the daily chart.
Until the support of 38-37 is protected on the downside, we are likely to see a strong bounce back after the price breaks out of the triangle pattern.
Technical parameters look
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
