Balu Forge - Breakout retest
A stock which broke out on the back of good results and a strong guidance.
Post the first move it cooled off and is now retesting the breakout.
Looking to see if it can bounce from right here or atleast from 219..whereever it bounces it could make for a good buy candidate.. (ideally from here itself)
IF the buy is here then the SL would be below 215. If the buy is on a 219 bounce then keep a 5% SL.
Post the first move it cooled off and is now retesting the breakout.
Looking to see if it can bounce from right here or atleast from 219..whereever it bounces it could make for a good buy candidate.. (ideally from here itself)
IF the buy is here then the SL would be below 215. If the buy is on a 219 bounce then keep a 5% SL.
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