brigade(1) Demand momentum is intact owing to favorable affordability despite 200bps increase in interest rate
(2) BEL expects to launch 13msf of projects over the next 12 months
(3) re-iterated its target to grow sales volumes by 15-20% over the next three years
(4) focus on business development to continue across Bengaluru, Chennai, and Hyderabad and
(5) expect commercial portfolio to be fully leased by Sep-23. On the back of a strong launch pipeline, we expect BEL’s pre-sales to record a 17% CAGR to 7msf by FY25.
BRIGADE trade ideas
INV H&S PATTERN - BRIGADE - EXCELLENT ENTRY AT CMP - BO RETESTAll Levels marked on the chart.
Disclaimer - This is not a buy or sell advice. I am sharing what I see on the chat & what I am trading, based on my own knowledge & understanding. Please consult your financial advisor before taking any bets in the stock market. I will not be responsible for any profit/loss you incur on your trades based on my published idea
market is sideways ,choppy then we'll enter into sideways stockBengaluru-based realty firm Brigade Enterprises's sales bookings increased by 14 per cent to Rs 1,994.8 crore in the first nine months of this fiscal, mainly on the back of revival in housing demand. According to an investors presentation, the company sold properties worth Rs 1,994.8 crore during April-December period of 2021-22, as against Rs 1,749.1 crore in the corresponding period of the previous fiscal.
BRIGADE ENTERPRISEAfter consolidating in a range of 410-540 for atleast 6 months
@brigadeenterprise is ready to give a huge breakout.
Also the formation of bullish flag and pole on smaller time frame.
and ready to fly.
Target of @abush29650
Time frame 2months.
Happy trading.
If u think my analysis is helpful for please like🤗.
BO from Wedge Brigade has BO'd from a wedge like pattern with good volumes...Targets highlighted - 321, 363.
Caution - This company has been performing very poorly..fundamentally very weak. But as you know - when the market favours a stock then anything is possible - 321 is the 52 week high so expect resistance there. I am publishing an idea, and the chart pattern is good. Do your own research.
BRIGADE realty stock testing the support zonehi friends
These are my ideas which i am personally watching.
Tip:
YOU SHOULD ALWAYS KNOW WHERE YOU ARE WRONG, BEFORE ENTERING THE TRADE
what that mean. Simple...........Where is your stoploss.
Ok look for upper target for successful inverted head and shoulder pattern.
Down target for failed pattern.
your humble trader
Kiran