Bombay dyeing- Breakout might be coming soon
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Bombay dyeing is looking strong to give a multiyear breakout.
If breakout is successful, we might see explosive moves in this stock.
Hence, prebreakout entry is always beneficial since we get better risk reward as well.
Medium probable setup and bad technicals of company are red flags which makes this idea more riskier.
Not a recommendation, just a personal opinion.
If breakout is successful, we might see explosive moves in this stock.
Hence, prebreakout entry is always beneficial since we get better risk reward as well.
Medium probable setup and bad technicals of company are red flags which makes this idea more riskier.
Not a recommendation, just a personal opinion.
Nota
Keep in radar
Penafian
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