Get started
rdkriplani

BCL Ind - Ethanol play

Long
BCL INDUSTRIES LTD (NSE:BCLIND)  
rdkriplani  
NSE:BCLIND   BCL INDUSTRIES LTD
Trend Analysis
3
0
trendanalysis
With the company getting 1 tender and a 2nd one being floated, next year could be a good one for the company.
Long above 73.40 (Wedge breakout) and again above 79 (new high).
SL for the first trade will be 66.50.. (Keeping the trailing 50EMA as a stoploss)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.