this is for education purpose only horizontal resistance breakout with big green candle volume outbreak after consolidation phase lower supportive line making higher lows patterns RSI arounf 71 with convergence level: risky traders= buy at CMP safe = buy above 1426 stoploss= 1335 target= 7-9 percent on swing basis around (1530)
Birla corp gave break out with good voulme . It is ATH . We can long for 1500++.
Buy or Sell: Buy Entry : 1380.10 Target : 15% is our 1st target 1580 Stop loss : 6.5% is our stop loss 1295
Bull Flag breakout due. Keep an eye.
Birla Corp broke out of channel many days ago with a big move up supported by good volumes...and has formed a flag pattern now...could signal another move up...especially if it breaks out of the flag with good volumes - keep watching...only take a trade when it breaks out from the upper part of the flag. Put a stop loss and trade. This is an idea, do your own...
- Multi Year Breakout - Double Bottom Pattern formation - Expecting a bit more correction but if stock continues its momentum, we can enter - SL can be 1150
Birla Corp - Breaking out 2018 top, looking to add around 1250-1150. Target around 2000 over a years period. Have missed this around 800. SL for now is 1050. DISC: Not a SEBI Registered. I post charts for my own study.
BIRLACORP is in good momentum - Gave RANGE BO today - RSI gave trendline BO One can go long on BO above 1015 (Resistance zone) with SL 935.
#CLEARANDSIMPLECHART Sl - 955 Volumes are good. Fundamental is good as a mid cap stock, recent cut in operating cost and several other methods can lead to huge rally. You can mssg me for any query.
If the Birlacorpn cross above 1070 there is a chance to move further.
Stock is at a critical level, will it breakout or breakdown like it has in previous years at this level? Keep your eyes on the charts and follow me on tradingview/twitter to find out!
Sharing the levels of Birlasoft Corporation (India; NSE) for anyone who wants to take a positional trade