Strong Bullish Momentum with RSI Breakout📈 Stock: BSE Ltd (NSE:BSE)
🔍 Closing Price: 5631
📊 Patterns: Bullish Engulfing, Bullish Marubozu, Strong Bullish Candle
📉 Technical Signal: RSI Breakout
Key Observations:
✅ Bullish Engulfing & Marubozu indicate strong buying pressure.
✅ RSI Breakout, signaling increased bullish momentum.
✅ Strong price action with a decisive close near the high.
Key Levels to Watch:
🔹 Support Zones: 5295 – 6009 – 6345
🔹 Resistance Zones: 5295 – 4960 – 4770
Trading Plan:
📌 Sustaining above 5675, potential upside towards 6009 and 6345.
📌 Below 5295, a pullback towards 4960 could be possible.
Bsetechnicalanalysis
Bombay Stock Exchange cmp 5631 by Daily Chart viewKeep stock on radar for probable New Lifetime High Milestone in the making
Bombay Stock Exchange cmp 5631 by Daily Chart view
- Support Zone at 4885 to 5055 Price Band
- Resistance Zone at 5810 to 6030 Price Band
- Technical Indicators EMA, MACD, RSI seem positive
- Triple Bottom made at the Support Zone Price Band
- Stock majorly trading within Price Range 5050 to 6030
- Back to Back Rounding Bottoms within the Trading Range
- Daily Support 5055 > 4560 > 4050 Resistance ATH 6133.40