Smart Money Accumulating BDL — Are You Watching This Setup?

Hello Traders!
Today’s analysis is on Bharat Dynamics Ltd. (BDL) where a clear Reversal from Bottom Setup is developing. After weeks of sideways consolidation, the stock has formed a clean Rectangle Accumulation Pattern right above a strong demand zone. The latest Hammer candle appearing inside this zone adds strong confirmation that buyers are stepping in again.

Why this setup is special?

• Multiple rejections from supply and repeated buying from demand create a classic accumulation range.
  
• The recent hammer candle shows rejection of lower prices and signals potential reversal strength.
  
• Sideways accumulation after a downtrend often leads to strong breakout rallies when demand overpowers supply.
  

Levels to Track:
The best entry zone lies between 1425–1410, aligning perfectly with demand. As long as price stays above 1360, the structure remains intact. On the upside, the first target sits near 1492, followed by 1560, and finally a breakout extension target around 1635, where previous supply reacts strongly.

Rahul’s Tip:
Every strong rally begins with silent accumulation. Patterns like this look slow at first, but once the breakout hits, momentum often surprises traders who were waiting too long.

(Analysis By TraderRahulPal | More analysis & educational content on my profile. If this helped you, don’t forget to like and follow for regular updates.)

Disclaimer:
This analysis is for educational purposes only and should not be taken as financial advice. Please do your own research or consult your financial advisor before investing.