Birla Cable Limited (Formerly known as Birla Ericsson Optical Limited) is a premier company in the field of Telecommunication Cables, which offers one of widest portfolio of Copper and Fibre Optic cables under its umbrella. The negative aspect of the company is high promoter stock pledging, decline in net profit and fall in profit margin of the company. The...
BIRLAMONEY CMP 67 TGT 79 SL 62 Return ~ 20% TF 6months RR >2.5 NSE:BIRLAMONEY #BIRLAMONEY Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong....
#RADIOCITY NSE:RADIOCITY CMP: 24 TP: 29 SL: 22 TF: <6m RR > 2 times Return 20% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are...
It has given a strong BO with good volumes so can be a good swing trade, 9% Target is easily achievable by taking 9% Risk.
Technical Analysis of Birla Cables Entry Type - Buy Entry at @67 Target given in chart Stoploss- 57.60
It has a nice step by step climb. Breakouts come with good volume every time. Buy on any dips above 60. Maintain Stop loss based on your appetite. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express any disagreement & improvements so that we learn & earn together. Please support the...
#MK #BIRLACABLE cmp 197 Long suggested above 205. Stop once long activated - 185. Logic Stock in a strong uptrend and passes trend template (MM). (indicated by 1s in the chart display text) Stock is currently in consolidation pattern and a possible volatility contraction pattern formation is taking place which will be confirmed once it breaksout of 205...