We're looking at BL Kashyap (BLKASHYAP) on a daily chart. The stock is showing signs of being undervalued and is currently at a significant support level.
Entry: ₹81.09, near the support trendline and moving averages.
Take Profit: ₹139.41, where the next resistance level lies.
Stop Loss: ₹66.77, below the support to manage risk.
Risk-Reward Ratio: 1:4, making this trade potentially lucrative with a good reward compared to the risk.
Technical indicators support this trade idea:
The price is currently on the support level.
The overall trend indicates a bullish potential.
Moving averages provide dynamic support.
This setup offers a favorable risk-reward ratio and aligns with our technical analysis, suggesting this as a good entry point for a long position.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please conduct your own research and consult with a financial advisor before making any trading decisions.
Entry: ₹81.09, near the support trendline and moving averages.
Take Profit: ₹139.41, where the next resistance level lies.
Stop Loss: ₹66.77, below the support to manage risk.
Risk-Reward Ratio: 1:4, making this trade potentially lucrative with a good reward compared to the risk.
Technical indicators support this trade idea:
The price is currently on the support level.
The overall trend indicates a bullish potential.
Moving averages provide dynamic support.
This setup offers a favorable risk-reward ratio and aligns with our technical analysis, suggesting this as a good entry point for a long position.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please conduct your own research and consult with a financial advisor before making any trading decisions.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。