🚀 Balrampur Chini: Eyeing All-Time High! 🚀
📉 CMP: ₹619
🔒 Stop Loss: ₹575
🎯 Target: ₹700
🔍 Why Balrampur Chini Looks Promising?
✅ Technical Strength: Trading above 61.8% Fibonacci level post-correction, indicating strong support
✅ Consolidation Base: Tight range between ₹615–₹580 signals accumulation before a potential breakout
✅ Upside Potential: Breakout from current range could take the stock to all-time high levels
💡 Strategy & Risk Management:
📈 Staggered Entry: Accumulate in phases as the market remains sideways; avoid expecting sharp moves
🔒 Strict SL: Maintain stop loss at ₹575 to manage risk effectively
📍 Outlook: Strong base formation with Fibonacci support makes Balrampur Chini an attractive swing opportunity towards ₹700.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.
#BalrampurChini #SugarStocks #TechnicalAnalysis #BreakoutTrade #SwingTrading #StockMarketIndia #InvestmentOpportunities
📉 CMP: ₹619
🔒 Stop Loss: ₹575
🎯 Target: ₹700
🔍 Why Balrampur Chini Looks Promising?
✅ Technical Strength: Trading above 61.8% Fibonacci level post-correction, indicating strong support
✅ Consolidation Base: Tight range between ₹615–₹580 signals accumulation before a potential breakout
✅ Upside Potential: Breakout from current range could take the stock to all-time high levels
💡 Strategy & Risk Management:
📈 Staggered Entry: Accumulate in phases as the market remains sideways; avoid expecting sharp moves
🔒 Strict SL: Maintain stop loss at ₹575 to manage risk effectively
📍 Outlook: Strong base formation with Fibonacci support makes Balrampur Chini an attractive swing opportunity towards ₹700.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.
#BalrampurChini #SugarStocks #TechnicalAnalysis #BreakoutTrade #SwingTrading #StockMarketIndia #InvestmentOpportunities
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.