Rugminik

BASF - An Investment pick with more than 70% ROI.

Panjang
Rugminik Telah dikemas kini   
NSE:BASF   BASF INDIA
The stock has been in an up trend.

It has broken its all time high in 2021 and in good consolidation for 2 years and broken out of consolidation now.

It has broken out of a bullish flag and pole pattern / falling channel pattern in a 3 M timeframe.

One may also consider this for a swing opportunity , RSI intact in all time frames.

Weekly price action shows, that the stock has broken out of falling channel, retested and reversed Consolidated for 7 weeks. Weekly RSI took support at 60 and bounced. Looks ready for a swing. SL - Previous week low at 3155. Target 1 - all time high, 3880.
Komen:
Momentum blast, 7% up.
Komen:
Swing trade target of 15% hit. This stock is expected to move further in the short term itself. 3-4 months.
Komen:
The stock has taken support, reversal track in play.
Komen:
Reversed as per latest price action - as expected. Beautiful breakout after 3 weeks of consolidation.
Komen:
30% ROI in 5 weeks.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.