Chart Study: BOMBAY SUPER HYBRID SEEDS (BSHSL) | Monsoon comingBullish Signs
Price is forming higher lows since April.
MACD bullish crossover.
RSI divergence and rising momentum.
Consolidation near trendline = potential pressure for breakout.
MACD
MACD line is crossing above the signal line—this is typically a bullish crossover.
Histogram bars are turning positive, confirming the bullish momentum building up.
YES, this chart shows a potential breakout setup. However, it needs confirmation with a breakout above the descending trendline (₹145+) on strong volume. If it breaks above and holds, it could trigger a bullish move—possibly toward ₹160–₹175 in the short to medium term.
Note: This is a chart study and not a recommendation to buy or sell. Always consult your own research or a qualified advisor before making trading decisions.
