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BSL

BSL - VCP pattern Breakout on Weekly ChartBSL Ltd has given a breakout of Volatility Contraction Pattern (VCP), a bullish setup. Key points in this VCP: 3T VCP Formation: 1st Contraction: 38.7% 2nd Contraction: 31% 3rd Contraction: 15.86% These diminishing contractions indicate reduced volatility and a tightening range, suggesting that selling pressure is decreasing. Breakout: The price has broken above the consolidation area and resistance line, signaling a potential entry point for a bullish move. This breakout, coupled with high volume, adds strength to the bullish signal. Volume and Moving Averages: Noticeable volume increases during breakouts from each contraction, supporting the strength of the move. The price is above key moving averages, confirming the uptrend. Overall, this VCP and breakout pattern suggests a strong bullish setup with potential for upward momentum.
NSE:BSLLong
by Profit_Trader25
3
BSL LIMITED stock pattern formation on Daily Chart BSL LIMITED stock going in tight consolidation am expecting a good up side move company's earning report coming Company is expected to give good quarter keep in your watch-list slow moving stock but have potential promoters holding stable individual investors & FII's entered in this stock Disclaimer: This information is for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Always do your own research and consult with a financial advisor before making investment decisions.
NSE:BSLLong
by rajatbhawra
BSL | Good for Long NSE:BSL Cmp : 194.15 Entry : CMP or near 182 Stop Loss: According to one's Risk Reward ratio #Study, Learn & Earn. If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead. Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
NSE:BSLLong
by Art_of_charting_Knowledge
BSL LimitedBSL:- The stock has given a breakout and is back for retesting. 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 share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:BSLLong
by AjayDhakad_Keep_it_simple
1
BSL | Good for Long NSE:BSL Cmp : 205.35 Entry : Cmp or near 187 Stop Loss: According to one's Risk Reward ratio #Study, Learn & Earn. If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead. Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
NSE:BSLLong
by Art_of_charting_Knowledge
BSL - Ichimoku Bullish Breakout Stock Name - BSL Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 175 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:BSLLong
by nikunjbhadja
BSL Ltd Breakout1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on RSI close below 30 (or use any other method of your liking) 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a consolidation since April 2022, NSE:BSL has given a breakout today. Buy with a stop just below ₹144. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also) Strengths: - 1. on 21st October, credit rating agency Brickwork Ratings has said in its credit rating report, "Brickwork Ratings (BWR) has reaffirmed the long-term rating at BWR BBB+ and the short-term rating reaffirmed at BWR A2 for the bank loan facilities of BSL Limited (BSL or the company). The rating reaffirmation continues to factor in the extensive experience of the management, established position of the company as an integrated textile player in India on account of being part of LNJ Bhilwara group, established brand in domestic and exports market, improved scale of operations and decent order book position, comfortable debt protection metrics, besides improved profit margins in FY22.(please go through the credit rating report for better understanding) 2. The co markets its products under the brands BSL Suitings, Linfab, Belfast and Geoffrey Hammonds. The domestic business is being completely revamped with the introduction of a new direct to retail brand ‘Geoffrey Hammonds - INSIGNIA’. The existing two brands named Geoffrey Hammonds & BSL are also being revamped with extensive expansion of network. 3. During FY22, the co plans to modernize its PV Spinning Division by replacing old imported Ring Frames with new generation of LMW Ring Frames. It also plans to make the Vortex Spinning division more versatile. It is also proposed to add some Modernizing Machines in the Spinning & Processing Division. Weaknesses: - 1. The company has delivered a poor sales growth of -0.18% over past five years 2. Company has a low return on equity of 6.08% over last 3 years 3. Debtor days are high at 75 Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
NSE:BSLLong
by akashbothra
BSL - Ichimoku Bullish Breakout Stock Name - Bsl Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 170 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:BSLLong
by nikunjbhadja
BSL (MONTHLY) >> Long termYou see, BSL already gave the breakout and is moving consistently so far, I am waiting it to break the past Resistance which you can see in the daily chart it is tested multiple times, just need to wait for the scrip to either respect or break the resistance. Good for long term. If you like my thoughts considering following, I'll be posting more. This is only for Educational Purpose, I myself am a learner This post contains my thoughts to particular (TATAMOTORS) and will be no responsible for any kind of losses.
NSE:BSLLong
by atharvapund