Swing Trade Idea: BALRAMCHIN – 07, MAY 2025
📌 Trade Setup Summary
You can keep an eye on the potential swing trade opportunity in Balrampur Chini Mills Ltd. The stock has seen a bullish recovery pattern after the recent decline and is now approaching the resistance level around ₹581.95. This zone can act as a breakout level in the coming sessions. It is a bit risky level. You can do above 606 for a safe entry.
🟢 Risky Entry Price: ₹582
🔴 Safe Entry Price: ₹606
📊 Chart Overview
The stock has seen a steady rise with decent volume, indicating buyer interest. A breakout above the ₹581.95 level could lead to further upside. However, traders should manage their risk appropriately.
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📌 Disclaimer
This content is shared strictly for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any securities. Always do your own research and consult with a qualified financial advisor before making any investment decisions.
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