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.
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It kind of forming a FLAG pattern to.
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Volume looks good too.

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