The scrip was trading below multi-year resistance trendline. The scrip gave a breakout from the trendline forming a large bullish candle on a weekly time frame. The Stock rose nearly 4 percent in last two days hitting a new 52W high.
Bosch is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
One can 'go long', after the stock breaches the resistance level of 18968 and crosses 18987 decisively.
Bosch is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
One can 'go long', after the stock breaches the resistance level of 18968 and crosses 18987 decisively.
Comment:
Target 1 achieved on 4th Jan'24.
Comment:
Target 2 achieved today i.e. 26-03-2024
Trade closed: target reached
Stop Loss 18589