Bharat Dynamics Ltd.
Short
Updated

Time to Eject BDL?

210

Trade Setup: Short Bharat Dynamics Ltd (BDL) Below ₹1,950

Technical Analysis:
• Price Action: The stock is exhibiting signs of weakness, with potential for further downside if it breaches the ₹1,950 support level. A break below this level could trigger a short-term downtrend.
• Momentum Indicators: Technical indicators suggest bearish momentum, supporting the case for a short position below ₹1,950.

Trade Parameters:
• Entry: Sell below ₹1,950
• Targets:
• T1: ₹1,920
• T2: ₹1,880
• T3: ₹1,830
• Stop-Loss: Above ₹1,980 

Timeframe: Intraday to 2–3 trading sessions 
Trade closed: target reached

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