UBLWAIT FOR+++++++++++++ BREAKOUT ++++++++++++OR+++++++++++++++BREAKDOWN
========================ENTER WITH RETEST===================
+++++++++++++++++Confirm with the candlestick rejection and your other technical source++++++++++++++++++++++++++++++
---------------------------------{IF YOU DRAW THOSE IMPORTANT ZONES IN 5MIN CHART IT LOOKS GOOD}---------------------------------
====FOR EDUCATIONAL==== NSE:UBL
Rectangle
Bluedart (Its not expensive) Believe Blue Dart is Looking for a big upside move. Accumulating since Mid may and probably going to show a rally. Good stock to enter for an investing perspective.
Plan for a Investment amount and divide it into 5 lots of 20% to enter in Bluedart till it holds above 5850. Enter in small intervals to get proper pricing. It is looking Strong Technically and Fundamentally as well.
Another Logic is understand the business module and the demand in current situation. NSE:BLUEDART
BHEL- Short term breakout tradeNSE:BHEL
Wyckoff stage analysis on hourly tf
- Strong stage 2 uptrend
- Low volume consolidation where stock is getting accumulated by smart money
- Momentum clearly visible on upside within accumulation, by range and volume of green candles
- Breakout with strong volumes, resumes the stage 2 mark up phase
- SL below 73