Hi,
NSE:BSE has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily, weekly and monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario I am expecting that the bullish momentum will continue.
Complete price projection like entry, stoploss...
The BSE has shown a promising flag pattern breakout, indicating potential bullish momentum in the near term. Sustaining above the key level of 2890, the index is poised for further upward movement, with a target around 3400. Let's delve deeper into the technical analysis to understand the potential trajectory.
Technical Analysis:
Flag Pattern Breakout: The BSE...
Technicals
Bullish Momentum - Above Short, Medium and Long Term Moving Averages
The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend.
MACD + RSI POSITIVE
Pattern: Symmetrical Continuation Triangle (Bullish)
The stock is seeing buyer demand, and is bullish across its technicals compared to the rest of the...
BSE LTD Make Pall & Flag Flag Pattern But not confirm now ,
BSE Breakout 901 and sustained above 900 than confirm Pall & Flag Pattern Confirmation,
BSE Breakout and sustained above 901-10 than next move 955-60 Sustained above 955 than next move on 1024 and than open the sky of pall and flag pattern Target Move 1300 possible ,
But Now the time market Stay in...
1) Triangle pattern
2) Flag pattern
3) Volume pattern
4) Fib entrancement of 61.8
5) Earnings ahead , all indicating a big move ahead .
My view is for upside I do not see further downside. from these levels.
NSE:BSE
Observations:
1) On daily time frame, we can see that it has made bullish spinning top candle.
Also it closed below 21DMA and it is trading above 50DMA.
50 DMA which is placed at 1240.07 level which will work as major immediate support.
and 21DMA which is placed at 1330.53 level which will work as immediate resistance.
Sustainable breakout of...
![BSE: Simple Trade Setup | BSE | 01-11-2021 [ INTRADAY]](https://s3.tradingview.com/d/dhzBBbhF_mid.png "Simple Trade Setup | BSE | 01-11-2021 [ INTRADAY]")
