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
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.