BIPL LONG TRADE SECOND STRIKE 13-06-2025

BIPL LONG TRADE
Previous Price Action
BIPL has recently broken out of its re-accumulation zone, which began in February last year. The stock has demonstrated high momentum with a bullish IFDZ and a bullish measuring gap, indicating a strong uptrend. This setup uses the quantified displacement method to calculate targets, indicating a high potential for continuation of the uptrend.

🚨 TECHNICAL BUY CALL – BIPL🚨

- *Buy 1*: Rs. 28.0 (current level)
- *Buy 2*: Rs. 27.2
- *Buy 3*: Rs. 26.0
- *Buy 4*: Rs. 25.5

- *TP 1*: Rs. 29.8
- *TP 2*: Rs. 32.0
- *TP 3*: Rs. 34.0
- *TP 4*: Rs. 35.8

Stop Loss
- *Stop Loss*: Below Rs. 22.9

Risk-Reward Ratio
- *Risk-Reward Ratio*: 3.11

Caution: Please buy on levels in 3 parts. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.