padiyara

Bluedart: 4199 is at DB support and a 50 % retrac level 4600

NSE:BLUEDART   BLUE DART EXPRESS
7
Bluedart: 4199 is currently trading at a double bottom support and a 50 % retrace level from its peak, with its strong fundamental, this is really a value investment at this level.

Stock can even come down to 62% retrace 3250 level, is a far possibility, in that case, one should take it as a golden opportunity.

Having an initial target 4600_4950 &5250 in 3 months.
stoploss but customary here 4170.

For young investors please don’t look at the price, look at the value it carries
and have a germ in your portfolio
Comment: Daily market calls for Nifty and BN did not posted today as the view remain
sideways and giving almost same values. A kind of volatility compression is taking place, which can act as a spring broad , any time have a break in any direction.
Expected more up side. I am still bullish.
Comment: There was a good move today
Comment: 4500 resistance touched.

My other recommendations Powermech: failed and broken the support line.
Inoxwind is moving after the stop hit.
Comment: 5300 was top , a thee month target is achieved in few days
Comment: Yet another opportunity
Comment: How is that
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