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
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.