oldwine

33 Percent Retracement Level Bounce OFF

Long
BSE:BDL   BHARAT DYNAMICS LIMITED
After a Bullish Trend , it tends to consolidate for some time and again continues its prior trend.
33% , 50%, 66% retracement level, is the level in which most bounce back and continue the prior trend.
---
It kind of forming a FLAG pattern to.
---
Volume looks good too.
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.