Sharing a fresh daily chart setup for Brainbees Solutions Limited (NSE:FIRSTCRY). The price has just bounced from a strong support zone in the ₹370–₹352 range, recovering after a recent downtrend. Volume at this level is strong, indicating potential renewed buyer interest.
Trade Plan
Entry Zone: ₹370–₹372 (demand area respected on recent daily candles)
Stop Loss: ₹352 (below recent swing low)
Primary Target: ₹400 (short-term resistance), ₹438 (medium-term resistance)
Chart Observations
Price pulled back to an accumulation zone with visible demand.
Bullish reversal candlestick formation observed near support.
Favorable risk/reward setup with a clear invalidation below support and substantial upside.
A close above ₹400 would signal further bullish momentum toward higher targets.
Notes
This setup blends technical support/resistance, volume spikes, and price action for a disciplined trading approach.
Strong risk management is recommended. Market structure may change quickly, so monitor stop loss and trail profits as price approaches targets.
Disclaimer
This idea is for educational purposes only and not investment advice. Please do your own research before taking any positions
Trade Plan
Entry Zone: ₹370–₹372 (demand area respected on recent daily candles)
Stop Loss: ₹352 (below recent swing low)
Primary Target: ₹400 (short-term resistance), ₹438 (medium-term resistance)
Chart Observations
Price pulled back to an accumulation zone with visible demand.
Bullish reversal candlestick formation observed near support.
Favorable risk/reward setup with a clear invalidation below support and substantial upside.
A close above ₹400 would signal further bullish momentum toward higher targets.
Notes
This setup blends technical support/resistance, volume spikes, and price action for a disciplined trading approach.
Strong risk management is recommended. Market structure may change quickly, so monitor stop loss and trail profits as price approaches targets.
Disclaimer
This idea is for educational purposes only and not investment advice. Please do your own research before taking any positions
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.