BF Utilities Ltd. (BFUL) is a part of USD 2.4 billion Kalyani Group. BFUL earlier operated in two business segments – Infrastructure Business and Investment Business. BFUL has undergone business restructuring by way of a Composite Scheme of Arrangement. This is a bet on Renewables energy sector, stock will benifit from Govt pushes for wind energy creating a pentup demand.
abcbakfbSDNVSVsnljeRGNEA VADF,BVErglerng;enrgnejrlglefn adfglebglergnad,fbaedbglerngadfv adbfergj;ergldfblejgejgnelbnadlblaernb;ejgerm
Looks very good on chart, daily breakout done with good volumes. Long term chart also looking good for good gains from this level. Any correction is good opportunity to add this stock. Stop Loss: 254
As per chart, it can be more week up to 158. If it doesn't sustain at this level then S1 148 Then S2 131 ( 2014 strong support). Moreover its month end target 247+. Entry level can be nearby 160
Bf Utilities Limited NSE: BFUTLITIE Short term Technical Trading Call. CMP: 506, Closing Basis SL: 484.9, Targets: 525 534 Technicals: * Trend line breakout * Channel Break out * Pull back trading * Fibonacci level Breakout * Volume Breakout * Short consolidation breakout