Balampur Chini

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BALRAMCHIN

Long trade in BALRAMPUR CHINI.

Best buy: 395+ or after the breakout of the triangle pattern ie.420+
Stop Loss: Below 370
Targets: 430/460/520

Reasons to Buy:

1. The trend line has always been a reliable support system, and it has proven its consistency time and time again.
   
2. Good support from the 52weeks moving average
   
3. Good PE ratio of 22.90
   

Disclaimer :

Please note that this is a general idea and it is recommended to trade at your own risk.

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ملاحظة

Daily Chart

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