#BBL trading above Resistance of 6671 Next Resistance is at 9053 Support is at 4755 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
#BBL trading above Resistance of 5363 Next Resistance is at 6671 Support is at 4000 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
BBL:- Ascending triangle pattern is formed, if the stock sustains upside by giving breakout, then we can see movement of upside, keep an eye on the stock. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like...
#Bharat Bijlee (CMP - 2689) Looking good for upside 1. Breakout of Symmetrical Triangle pattern 2. Stock is Trading above 200 EMA 3. Breakout of huge volume candle
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
BHARAT BIJLEE BUY SETUP : with good volume and improving fundamentals.
BBL is into parallel channel one from 15 yrs and second 11 year. this month closing will give confirmation for up move
Volume Breakout in NSE:BBL . One can by for Target of 2000+ on a 1 year Time Fram