Bharat Bijlee Positional View !!

Updated
BBL : cmp: 1489.25

A bullish engulfing kind of pattern has been formed in Daily chart.
Tading near the multiyear BO zone of 1488 - 1530. if it surpass and sustains above the level, a
buying movement could be possible in the near term.
Close above previous high.
RSI & MFI trending up.

Accumulation zone : 1388-1440
Profit booking zone may be 1645-1779
SL 1368 Dclbs /According to ur risk apetite.

Positionally can move 2032+
Sl 1292 Dclbs

Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Trade active
almost 1st lvl reached. high 1602
Trade active
high 1638
Trade active
1st tgt achieved
Trade active
high 1705
Trade active
high 1718
Trade active
Almost 2nd tgt reached. made a high of 1745
Trade active
All tgt reached
Trade active
Made a high of 1940.
Trade closed: target reached
Positional Tgt achieved. From 1490 to 2032
Beyond Technical AnalysisChart PatternsTechnical Indicators

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