SwingtradesbyAbhishek

BIKAJI - Ready for the next swing

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NSE:BIKAJI   BIKAJI FOODS INTERN LTD
BIKAJI is poised for its next upward move, presenting a potential upside of approximately 23%. The stock has maintained a trading channel for the past 2 years. This is an opportune moment to consider entry due to the following factors:

1. The Risk:Reward ratio appears favorable, with a stop loss (SL) potential below the channel.
2. Last week's candle exhibits a bullish hammer pattern, commonly indicating a reversal.
3. Very consistent fundamental numbers.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.