Trade idea in Balrampur Chini Mills

BALRAMCHIN

the stock is trading in a tight range formation with low volumes and the short term breakout will be on the upside cause of Bullish RSI divergence and the
target shall be upper resistance trendline and incase it breaks below the horizontal support line be ready to short for a measured move target.
All levels are marked on chart

keep learning,
happy trading!!

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396+ from 390 👍📊