Birla Corporation – Is This the Right Time to Invest?Step-by-Step Analysis
1. Monthly Timeframe Analysis
📌 Previous Monthly Swing High: ₹1,650 (Liquidity Taken)
📌 Current Market High: ₹1,802
📌 Key Swing Low: ₹1,060.55
📌 Accumulation Zone: ₹943 – ₹846
✅ The price has now reached this accumulation range, making it a potential long-term buying opportunity.
2. Daily Timeframe Confirmation
✅ The daily chart shows a liquidity sweep and a structure shift, supporting a potential reversal.
✅ While the price is in the monthly buying zone, we still need additional confirmation before committing to a full position.
✅ Key Entry Levels for Investors:
₹960 – ₹915: First zone to accumulate small quantities.
₹889 – ₹865: If the market dips further, this range offers a strong investment opportunity.
3. Profit Targets & Risk Management
📈 Profit Targets:
1️⃣ ₹1,215 – First target (short-term)
2️⃣ ₹1,330 – Second target (mid-term)
3️⃣ ₹1,657 – ₹1,800+ – Major long-term targets
📉 Stop-Loss Strategy:
Set your stop-loss based on risk tolerance.
Conservative traders can place stop-loss near ₹750 – ₹730, ensuring a good risk-reward ratio.
Investment Strategy
🔹 Scenario 1: If price confirms reversal in the daily timeframe, early accumulation between ₹960 – ₹915 can be done.
🔹 Scenario 2: If price drops further below ₹910, investors can accumulate between ₹889 – ₹865.
🔹 Scenario 3: If price fails to hold these levels, wait for confirmation before further investment.
Final Thoughts
📊 This analysis is based on Smart Money Concepts (SMC) and liquidity-based trading strategies. While the accumulation zone is active, additional confirmation is recommended. Always conduct your own research and consult with financial experts before making an investment decision.
💡 Key Takeaway: Birla Corporation is at a potential investment-worthy level, but confirmation is crucial before committing large capital.
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