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.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.