Trading Insight: Bombay Burma (NSE: BBTC) Shares

20 mag

I always use a 200-period EMA and RSI with a 200-period. An RSI above 50 indicates bullish strength in the EMA. Let's analyze Bombay Burma (NSE: BBTC) shares. Based on the chart and the April 25, 2024, closing price of 1578.90, the best buy is below 1553. The stop loss is set at 1321.60, with a probable target of 2107.00. This setup offers a risk-reward ratio of nearly 1:2.40.