#BBL trading above Resistance of 5363
Next Resistance is at 6671
Support is at 4000
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
Multi Year Breakout
LTP 3800.00
Retraced from high of 4375.00
Any dip is add
TARGET MINIMUM 5500.00
GOOD FOR INVESTMENT
Dont forget to LIKE/SHARE & Comment
Regard,
Naresh G
SEBI REG. RA
For more info - PLZ visit my profile
Bharat Bijlee form Cup and Handle Pattern neck lice break out done at 4141 and again break out from continuation pattern 6161. As per chart and cup and handle pattern target would be 7777 soon.
BBL Cup Break
Current Price - 4126.55
Resolution Point - 4075
Entry - 4238
Stop Loss - 3993.5
Target 1 = 4661.8 | Target 2 = 5085.6 | Target 3 = 5509.4
Exit Plan = 40:40:20
PS : Only for Education Purpose.
Please Give A Like If You Like
Bharat bijalee
Technical analysis
Weakly and monthly stock purely breakout 15 years resistance
Chart pattern show big move on this stock
15 years resistance 4050 today breakout with Valume.
15year resistance now it be support for the stock
We miss header and shoulder pattern breakout at level of 2280.
Now stock give once again 15 years resistance breakout to...
15.7 Year of #Multiyear #Breakout at #BBL (Bharat Bijlee Ltd.) Weekly Chart It's outperformed by #Nifty. Keep it on your watchlist. An important point is that 2 big bulls (Ashish Kacholia & Minal Bharat Patel) are also invested in it.
From December 1, 2022, I compared #BBL to the #Nifty and its peers in the sector and found that it outperformed the Nifty but...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
BBL:- Ascending triangle pattern is formed, if the stock sustains upside by giving breakout, then we can see movement of upside, 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...
#Bharat Bijlee (CMP - 2689)
Looking good for upside
1. Breakout of Symmetrical Triangle pattern
2. Stock is Trading above 200 EMA
3. Breakout of huge volume candle
Bharat Bijlee :
✨Confirmed Breakout With Good Volumes.
✨Of Late Price Has Broken the Range As Well.
✨Good Results From The Company As Well.
✨50 % Upside In The Stock At The Minimum.
Cheers,
priceNpedia
Strong candidate for 2x the CMP. The stock has recently taken support over its previous hight o continue an upward journey.
technically : formed a Cup and handle pattern and a Flag pattern breakout.
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I...
