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Bikaji Foods - Long Setup (Swing Trade)Bikaji Foods has confirmed a long setup after breaking the entry zone. Here's the trade setup: Entry Price: 874.9 (Confirmed after the 15-minute candle broke above the entry zone at 866 ) Target: 952.4 Stop Loss: 822.8 (Valid if a daily candle closes below this level) The entry price of 874.9 has been confirmed, and the setup provides a favorable risk-to-reward ratio. The stock is aiming for a potential move towards the target of 9 52.4 , with a well-defined stop loss at 822.8 to manage risk. Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
NSE:BIKAJILong
by gupshupblog
BIKAJI - Riding the Wave of OpportunityBIKAJI - Riding the Wave of Opportunity 📈 Market Momentum: BIKAJI is making waves by achieving a new six-month high, accompanied by substantial trading volume. The latest tick reveals a strong price rise, supported by robust volume, signaling heightened market interest and potential opportunities for traders. 📊 Technical Indicators: The MACD/Signal line bullish crossover and sustained momentum are noteworthy, indicating a positive market sentiment. With a new high in play, there's a compelling possibility of a breakout, adding to the stock's overall bullish outlook. 💡 Breakout Confirmation: The positive breakout, coupled with a bullish Heikin Ashi pattern formed with high volume, serves as a strong confirmation of the upward trajectory. Additionally, a bullish continuation Heikin Ashi pattern further reinforces the potential for sustained gains. 📊 Trade Recommendation: To seize this promising opportunity, consider going long above ₹553, with a strategically placed stop loss below ₹485.35. This trade not only aligns with recent positive developments but also positions traders to benefit from potential continued bullish momentum. 🚀 Why Act Now? BIKAJI is not just a stock; it's a ticket to ride the wave of opportunity in the market. With a new high, positive breakout, and bullish patterns, this is a chance to be part of a potential success story! 📈💰 #BIKAJI #TradingOpportunity #BullishMarket #BreakoutAlert #FinancialMarkets 🚀📊
NSE:BIKAJILong
by ruelfernandes