sanks90

Bluedart (Its not expensive) Believe

Long
sanks90 Updated   
NSE:BLUEDART   BLUE DART EXPRESS
Blue Dart is Looking for a big upside move. Accumulating since Mid may and probably going to show a rally. Good stock to enter for an investing perspective.

Plan for a Investment amount and divide it into 5 lots of 20% to enter in Bluedart till it holds above 5850. Enter in small intervals to get proper pricing. It is looking Strong Technically and Fundamentally as well.

Another Logic is understand the business module and the demand in current situation. BLUEDART
Trade active
Comment:
Was entered with only 20% amount (1 lot out of 5 Lots of 20%) at 6050.
After a Quick fall of Profit booking I am entering 3 more lots of 20% each now balance 20% amount (1 lot) will wait for Break above 6000.

Revised Exit point (SL) is at: 5650.
Trade closed: stop reached:
Exited on 5635.
Still view in Mid-Long Term is bullish with all logic shared above.

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.