LONG____Balrampur Chini
only for Risk Traders
Stock is consolidating from long time and making base formation(rounding Bottom), it looks like stock is waiting for some news to move up.
Volume to increased in consolidation zone confirm some thing is cooking into the stock.
as per the charts we should go long irrespective of the Market negative bias.
Long with a Intra day target of 82.5 & delivery target of 86-87.