ORIENTBELLwe are looking ORIENTBELL bullish move.
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ORIENTBELL trade ideas
Stocks Trading at 50% discountOrientbell Ltd stock is trading at around 50% discount from its all time high, it gave breakout in Jan 2022 and has come to retest the breakout level now, it may take support from there and bounce back.
keep all time high as your first target, book 50% profit at 1st Target and carry remaining for further rally.
Can $NSE:ORIENTBELL Will Take Support ? Dear Followers
I Hope this message finds you well. I wanted to provide you with an update on the stock NSE:ORIENTBELL I you've been following. The stock has recently taken support at a key level, indicating a potential opportunity for a short-term trade. my analysis suggests that there might be a favorable entry point for a short- Term position.
Stock Name- NSE:ORIENTBELL
Support Level- 390-395
Entry Point- 390-395
Stop Loss Point- 360
Target Point- 450,470,490
Time Frame – 90-120 Days
I closely monitoring the stock's movement and will continue to provide you with timely updates as the situation evolves. If you have any questions or would like more detailed insights, please don't hesitate to reach out.
This message is for informational purposes only and should not be considered financial advice. It is crucial to conduct thorough research or consult with a financial advisor before making any investment decisions. We do not guarantee the accuracy or completeness of the information provided.
Best regards,
ORIENT BELL 🎯70% 1:4RRNSE:ORIENTBELL Broke out of an ascending triangle pattern. Breakout candle is excellent - Gap up and huge volumes. Price is also above its all time high.
A price action trade can be taken in this script with conservative buying and position sizing because of weak markets.
Enter 10% of position at C.M.P and the rest after retrace.
Expect bigger momentum if the impact of budget is positive.
Targets: 500/700/780+
Place a deep sl below 370 levels.
Positional high risk, high reward, high probability trade.
Holding period anywhere between 1 month to 6 months +
Position size accordingly. HAPPY TRADING!