Bhansali Engineering-A Technically Bullish Stock

 Bhansali Engineering is Ready to Huge Up move(CMP-163.80)

On daily chart Bhansali Engineering has formed an ideal symmetrical Triangle.On 7/4/21 price just cross downtrend resistance line .If price sustains above Rs.160.It would be a good opportunity to buy this Bullish trending stock Targeting Rs.230 Short to medium term keeping Stop loss Rs.153.

Happy investing.

TECHNICAL TALK OF BULLISH BREAKOUT STOCKS

 KANCHI KAPOORAM LIMITED(CMP Rs. 818)

After 12/3/21 Kanchi Kapooram starts nonstop upward journey crossing previous top 562.From 16/2/21 to 26/03/21 corrected 50 % Fibonacci retracement following downtend channel which is technically a BULL FLAG PATTERN.Just before 3 session a bullish breakout of bull flag done.So for short to medium term stock may shoot up targeting Rs. 1075 keeping Stop loss Rs.700.

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