Demand zoneLooks good for term as price is in demand zone. Buy @450-460. First and second target is 700 and 800 respectively.
BARBEQUE trade ideas
Darvas Box Strategy - Break out Stock - Swing TradeDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:2
Stop loss can be Trail when it make new box / Swing.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
Positional Setup Trade Setup:
Entry: Current price near ₹681
Target Zone: ₹771 - ₹774
Stop Loss: ₹641
The stock is showing a strong upward momentum with bullish signals supported by RSI levels around 66.93, indicating a continuation of the trend. A breakout above resistance could drive the price towards the target zone.
BARBEQUE cmp 681.BARBEQUE - This counter making a rounding bottom pattern.After Jan 2022 Rsi is above 60 first time. This is a indication in price strenth.Volumes are also gaining.Weekly Macd line above Macd signal line.750 is a strong resistance level. Add to your wachlist and find your best risk reward and entry exit zone. Thanks.
BARBEQUE - Multiple Indicators StrongNSE:BARBEQUE showing multiple strong indicators
- Trendline Breakout since November 2021
- Cup and Handle pattern formation since December 2023
- C&H Resistance ~680.5 breakout today (Daily)
- RSI 60+ on Daily & Weekly charts
- ADX 20+ with upward tick
- DI+ above DI- on Daily, Weekly and Monthly charts
Barbeque NationBarbeque Nation
Looks good as one of the best bottom reversal ones that.jusr started its journey back to the top!
Pros
- Daily Golden
- bounces back from 0.75 gann levels
- weekly 5 over 50 MA in making
SL - Strictly below Monthly 20 MA @620 which makes it very less risky and highly rewarding!
Looks ripe!It's been consolidating for a long time and just waiting for a positive trigger to go upward. Last two weekly candles have given a directional clue also. Let's waiting for 800.
BARBEQUE NATION: The Psychology of YOUR tradesEmotions play a significant role in trading and can have a profound impact on decision-making and overall trading performance. Here are some common emotions that traders experience and how they can influence trading behavior:
1. Fear:
Fear is a powerful emotion that often arises when traders face unexpected market movements or potential losses. It can lead to impulsive decisions, such as closing a position prematurely or avoiding new trades altogether. Fear can prevent traders from sticking to their trading plans and strategies, ultimately hindering their ability to make rational choices.
2. Greed:
Greed is the desire for excessive profits and can lead traders to take unnecessary risks. It often emerges during bullish market trends when traders become overly confident and start making impulsive trades. Greed can cloud judgment and cause traders to hold onto positions longer than they should, leading to significant losses when the market reverses.
3. Hope:
While hope can provide optimism, it becomes problematic when it's not based on logical analysis. Traders may hold onto losing positions hoping for a turnaround, ignoring warning signs that indicate the trade is unlikely to recover. Balancing hope with realistic assessments of market conditions is crucial to avoid capital erosion.
4. Regret:
Regret can arise from missed opportunities or poor decisions. Traders may feel remorse for not entering a trade that subsequently turns profitable, or they may regret entering a trade that results in losses. Regret can lead to impulsive actions, such as chasing trades or deviating from the trading plan to make up for perceived missed opportunities.
5. FOMO (Fear of Missing Out):
FOMO can lead traders to make rushed decisions in an attempt to catch up with perceived profitable opportunities. This can result in impulsive trading and following the crowd without proper analysis. FOMO-driven actions often disregard risk management and trading strategies, leading to poor outcomes.
6. Ego:
Ego can arise from both winning and losing trades. A trader with a big ego may become overconfident after a string of successful trades, leading to complacency and neglect of risk management. Conversely, a trader who experiences losses may let their ego drive them into revenge trading, seeking to prove themselves and recover losses without a sound strategy.
Successful traders learn to manage these emotions through discipline, self-awareness, and a well-defined trading plan. They understand that emotions can cloud judgment and lead to impulsive decisions, so they prioritize rational analysis and risk management to achieve consistent and profitable trading outcomes.
Should we also post on the set of practices we personally follow to build disciplined psychology?
It takes a lot of time and effort to compile such posts. If it was worth your time, Would you give us a boost?
Have Requests, Questions, or Suggestions? DM us or comment below.👇
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
#BARBEQUE 733 - 20% upside Buy recommended - Rachit SethiaNSE:BARBEQUE
BARBEQUE 733
TGT 890
SL 660
TF <6 M
RR >2
Return > 21%
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
BARBEQUEneed to keep it in watchlist. showing a good pattern.
above 20 day ema sma crossover near breakout.
target is mentioned above in the chart.
#do your analysis also before any kind of investing let it breakout give confirmation then do something.
Barbeque nation Barbeque nation a Pure swing trade for a swing traders
Buy above 676
Sl 605
Tgt 749 820
Ask your financial advisor before buying only for educational purposes
Share max help the retailers to earn money keep sharing keep supporting the trading view community
Invest in the Sizzling Success of Barbeque Nation Barbeque @796Barbeque Nation is one of the most popular and well-known casual dining chains in India, with a strong reputation for its delicious food and enjoyable dining experience. With a growing number of outlets and a strong brand recognition, the company has established itself as a leader in the restaurant industry.
The company's financial performance has been impressive, with consistent revenue growth and profitability. In addition, its expanding presence in India and overseas markets, along with its plans for further expansion, make it a strong investment opportunity.
Given the strong growth potential and steady financial performance, we recommend that investors consider adding Barbeque Nation shares to their portfolios. With its solid brand recognition, expanding presence, and promising future prospects, this is a company that is poised for continued success in the years to come.
cmp 769 date 08.02.2023
for more advise on intrady basis wsup me 845 92 20202
BNHAgain that is the great time to consider bnh just believe the chart.
Chart never lie
RSI up
BB open
Macd crossover
And etc
Barbeque nation - positional longStock gave a breakout from long term down trend trend line, stock was about to turn positive on nifty outperformance indicator as well. Higher lows on chart are also visible, indicates a trend reversal.
Go long above 1165, Review at 1274 and 1460 levels. Keep a stop loss of 1030 for this trade.
Good luck.
Barbeque Nation waking up after long consolidationBarbeque could wake up after long consolidation.
Falling trend line has been strong resistance for long time. But it could be taken out now easily.
Keep an EYE on close abv 1100. we can easily see 200 moving avg testing. Overall it is long term idea. could be kept under radar.
Barbeque long short termSubject: Technical anlysis/ Casestudy on Barbeque Nation price action.
Introduction: On Hindsight anyone can tell what are the stocks that are performing well. What realy matters or give an edge is preempting the price action before it could happen.
Analysis: Barbeque nation has been exceptionaly stong in terms of the trend. Now looking at recent price action. There are signs clearly visbile that an uptrend could began at any point of time. How Am i saying this? Well, After the recent fall of 28 %approx. there has been no bearish candles seen.
Price is nicley consolidating in a range and there is low volumn activity which indicate there is silent accumulation happening on this stockl
How to trade? Have marked green candles which would be indicate a up trend move.
1. will look for wide range candles with voulme spike on 1550 and 1655,
2. one can gradually increase there position sizing once the levels are obtained.
More details on chart
Barbeque-Nation BBQ taking support of april trendline, if breakdown further can seek support at 1389 which also supported by fib retracement to1333 , if takes support of trendline level 1559 and goes up can seek 1st target of 1900 and then can trail stopless for further gain.
BARBEQUE NSE BULLISHVIEW ABOVE 1330BARBEQUE NSE is bullish if 1330 holds. Near All-time High.
** For educational purposes only.
NSE:BARBEQUE
uptrend market situationtry entry on brekout
we find this stock for short and long term buying position
BARBEQUE - Triangle & ChannelI have plotted a triangle pattern for Barbeque nation & expected it to cross above Triangle high, But it got consolidated & is forming a Channel pattern. I have decided to observe the stock & give a entry when it consolidates near bottom of the channel pattern near Rs. 1080 & expect a target of at least 1150 & max profit can top of channel pattern
P.S This idea is for educational purposes only
BUY : Barbeque NationsNicely consolidating at HIGHS, Rise in Volume activity can take the stock much much above.Taking support also at 20 MA.
