Box patternGood volume buildup in box pattern.
Breakout with good volume of box pattern.
Fundamentals are OK.
FII stakes are up.
NOTE: I do my analysis, do yours before trade.
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BFUTILITIE trade ideas
bf utilitiesThe company is engaged in the generation of electricity through wind mills and Infrastructure activities.
The Central Electricity Authority (CEA) projects that India’s power needs will rise to 817 GW by 2030.
In response to this growing demand, the Indian government has set a target of achieving 500 GW of renewable energy capacity by 2030. To support this initiative, the Central Electricity Regulatory Commission (CERC) has extended the waiver of Inter-State Transmission System (ISTS) charges for solar and wind energy projects commissioned until June 30, 2025.
BF Utilities Ltd. Weekly Analysis multiyear breakout
Here is a professionally articulated analysis of the chart:
BF Utilities Ltd. Weekly Analysis
Trend Analysis: The current trend is upward, indicating a strong bullish momentum.
Resistance Break: The price has successfully broken the 2015 resistance level, which was at 734.20.
RSI Support: The RSI (Relative Strength Index) shows a trendline that has strong support, suggesting sustained buying interest.
Cup and Handle Pattern: The price has formed a classic cup and handle pattern, which is a bullish continuation pattern.
Entry Point: The plan is to enter the trade near the price of ₹908.
Stop Loss: Set the stop loss at 20% below the entry price, aligning with the last swing low. This translates to a stop loss at ₹726.40.
Target: The initial pattern target is a 77% increase from the entry price, indicating a target price of ₹1,609.16.
Continuation Strategy: Continue to hold the position with a trailing stop loss based on the Supertrend indicator, until the stock reaches its all-time high.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Trading stocks involves risk, and you should conduct your own research and make your own decisions based on your individual financial situation.
BF UTILITIES LTDLooks good on chart.
Breakout done with Massive Volume.
Good for Short term.
Target Swing High.
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Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
BF Utilites Trendline Support and Horizontal Line BreakoutGood volume buildup can be seen. Perfect trendline support. Ready to bounce.
Entry above 975
BF UTILITIESPositonal Script
Looking good to go long, good rounding bottom formation.
Ready for fresh breakout
Disclaimer : No Buy/ Sell Recommendation Sharing knowledge for learning purpose.
BF utilities entry at stage 2 breakoutThe stock since inception has been moving in downtrend and has printed a low.
Thereafter the stock has been in a continuous uptrend and has not cleared range with high volume.
Entered at Rs 904
BF Utilitie 955 now, looks powerful on chart for med-long term BF Utilitie 955 now, looks powerful on chart for med-long term
Do check with your financial advisor before taking any trade.
This is just an educational post to see how price action based stocks perform if you do analysis well.
bf utiltiesBF Utilities Ltd. (BFUL) was incorporated on September 15, 2000 under the Companies Act, 1956 in the State of Maharashtra. The company was born out of a scheme of demerger with Bharat Forge Limited (BFL). The Scheme of Arrangement was approved by the High Court of Judicature at Bombay on January 17, 2001. Under the said Scheme, the Investments (listed as well as unlisted) and Wind Mills Division of the BFL were demerged and transferred to the Company, effective from March 1, 2001.
BF Utilities Ltd. is a part of Kalyani Group. The company earlier operated in two business segments - Infrastructure Business and Investment Business. It has undergone business restructuring by way of a Composite Scheme of Arrangement. Under the said business restructuring, the Infrastructure Business has remained with BFUL and Investment Business has been transferred to BF Investment Ltd.
Business area of the company
The company is engaged in the generation of electricity through wind mills and Infrastructure activities.
SWING BREAKOUT STOCKNSE:BFUTILITIE
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we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
BF Utilities Ltd Weekly Break out and Volume bulid up in BFUTILITIE, can see a good upside move in coming sessions.
This is not a buy recommendations .
Charts posted for sole purpose of Knowledge and Reading .
BF UTILITIES LTD. - LOOKS GOOD!Following a brief pause, the previous upward trend is poised to resume.
A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper trendline signals a continuation of the prior uptrend.
The pattern formed over 37 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.
This bullish pattern can be seen on the Daily chart of $NSE:BFUTILITIE.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
Necklace Pattern- BF UtilitiesNecklace Pattern
This stock looks attractive as it's trying to claim back it's swing high! It may soar & fly further it reaches there quickly or after some consolidation.
This is purely for educational purpose & not a Buy/Sell Call. Do your own Research (DYOR.)
BFUTILITEThese are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This content only education purpose!
❗I am not sebi ragister❗
Trade_setup _ 20% upside potential in BF Utilities.BF utilities is a Kalyani Group owned company that engages in infrastructure and power generation through wind mill technology.
The chart shows the stock giving a successful breakout from:
i. Inverse head and shoulder pattern.
ii. Horizontal resistance zone(635-655)
The stock closed above both these significant resistances with a spike up in volume and a Bullish 'Marubozu' candlestick.
The target for the Inverse head and shoulder patterns projects to a target almost close to the previous swing high(around 800-815 zone).
On the downside 630 should make a good area to consider for a SL on this stock.
*Note- Views expressed here are based on personal opinions/observations. Please do your own research/analysis before taking any financial positions.
BF Utilities- Nice BreakoutBF Utilities- Nice Breakout
Capital to be deployed- 20k
Investing Price -525-535
Breakout Price -511
Stoploss -448
Targets-721-948
RT for max reach
#bfutilities #StocksToBuy #StocksInFocus #stocks #stockstowatch #StocksToTrade
BFUTILITIE TRIANGLE PATTERN swing trade take trade when nifty turns bullish swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
Classic Chart Pattern.BF Utilities has finally given a breakout of this downtrend with good volumes.
#BFUTILITIES - Bullish setup #HARMONICS #Elliottwave #FIBO BF Utilities 1W: Though competition is not easy as giants Adani group companies, TaTa Power, NTPC & Power Grid are dominant in this sector, just imagine BF manages to increase their share by 1-2% points. Not sure whether it will be able to do but on charts it is looking very promising as all 4--> Rounding pattern, ABCD, Wave 5 and FIBO indicting only 1 Target i.e. 600 before mid of 2023... R:R is absouletly in favour i.e. 1:9. Keep eyes.
BF Utilities LtdBF Utilities Ltd. (BFUL) is a part of USD 2.4 billion Kalyani Group. BFUL earlier operated in two business segments – Infrastructure Business and Investment Business. BFUL has undergone business restructuring by way of a Composite Scheme of Arrangement.
This is a bet on Renewables energy sector, stock will benifit from Govt pushes for wind energy creating a pentup demand.
