bharat dynamics tgt - 1970- 2090-2200 18-04-2024
Bharat Dynamics Ltd. is an interesting chart with following
1. RSI on all time frames i.e. DWM above 60
2. Narrowing Bollinger bands on daily chart with price moving on upper band
3. Bullish Marubozu candle with huge volume on daily chart
4. ABCD kind pattern under formation on weekly chart
5. Super trend turned buy on daily chart
with major support near 1670 - 1730 levels stock can fetch 1970-2090-2200 levels based on Fibonacci extension
Lets See How it evolves
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix
1. RSI on all time frames i.e. DWM above 60
2. Narrowing Bollinger bands on daily chart with price moving on upper band
3. Bullish Marubozu candle with huge volume on daily chart
4. ABCD kind pattern under formation on weekly chart
5. Super trend turned buy on daily chart
with major support near 1670 - 1730 levels stock can fetch 1970-2090-2200 levels based on Fibonacci extension
Lets See How it evolves
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix