BalajiTele Rocks - 13% toddayShared yesterday and in 1 day its already 13% high. it is going to boom.
BALAJITELE trade ideas
Balaji Telefilm Weekly Chart As Nifty Media Index forming Cup & Hnadle pattern
Resistance 89.50 cross
expected level 101 / 176
support 71.5
Daily RSI above 60
Balaji Telefilms ready to boom!!🚀🚀Observations:
Over the Monthly timeframe it just made breakout of TRIANGLE pattern, along with crossing 200-ema, R1-Fibpivot.
It seems to be in sync with Media index. Which is also just at its R1-Fibpivot.
Both index & stock are looking bullish.
💥Balaji Telefilms💥- Nice Breakout💥Balaji Telefilms💥- Nice Breakout
Capital to be deployed- 20k
Investing Price -72-73
Breakout Price -72
Stoploss-57
Targets-103-179-248
RT for max reach.
#balajitelefilms #StocksToBuy #stocks #StocksToTrade #StocksInFocus #stockstowatch #StocksInNews
BALAJITELE : favorable R:RBalaji telefilms : Demand area 28 32
Time frame : Monthly
balaji telefilms in falling trend however now soon will be touch near strong demand zone area.
against the trend investors can go long with small risk as heavy demand we can see at 28 32
one can follow WCB stop at 24
Risk rewards in favorable part.
balaji telefilms 1day time frame analysisbalaji telefilms shown some strength today near 200 ema in 1 day time frame wait for a little pullback to have a good entry ( Rest chart explains everything :) ) NSE:BALAJITELE
Balaji Telefilms Ltd.*Balaji Telefilms Ltd.*
Smaller Ascending Triangle Patter on Monthly Basis
Price Break-Out / Volume Support Required / To be Watched.
Also, Forming Triangle Patter - Yearly Basis.
IF Yearly Trendline Broken - Targets Can be Huge.
*Fundamentally Weak Company*:
Sales Decline / Flat. Loss Making.
Strong TNW though. Low Promoter Holding.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
Balaji Teleflims Bullish viewNSE:BALAJITELE
Medium-term Bullish view
Accumulate between 62 - 75
above 74 looks too bullish
Invalid below 58
Target1: 103 Target2: 120 Target3: 135
BALAJI TELEFILMS- SUSPECTED WYCKOFF REACCUMULATIONDisclaimer.. no current position
not an investing/trading recommendation
