BRNL trade ideas

ManojTembulkar Updated 

fundamentals are not well market cap 652 cr debt 1369 cr Volume Growth Support 23.5 Bharat Road Network Limited, incorporated in 2006, is a road BOT company, focused on development, implementation, operation and maintenance of roads/highways projects.The co’s projects are implemented through Special Purpose Vehicles (SPVs).

jjghh

Yesterday there was an unreasonable hike in the price. So the first candle was the reaction of yesterday's buying pressure. But as the hike was unreasonable so it wasn't supported with the fundamental condition so it was definitely a chance to attempt a bear trade . Wait for the resistance level to meet which is represented by the red horizontal line. The bearish...

Ananthan21

i can see triangle breakout with huge volume , CMP 35.60 Target 58 SL 28

armar77 Updated 

C/H breakout candidate? Seems to be bottomed out. Bottom and probable tgt mentioned.