Bharat Bijlee has Double Top near 717 and Its has bearish candlestick patterns with inverted hammer and Three black crows.
He the script is good to short if goes below : 650.
SL - 720
Target 1 - 615
Target 2 - 580
Target 3 - 545
Disclaimer: Kindly do your own analysis before executing the trade
Bharat' Bijlee: 981 is moving down to find a support probably around 900
If this turn out to be true, the next resistance will be 1250.
We may have 10 more trading days to have a confirmation.
On the other hand a failure at from this Bump run Trend Line support,
it may find support near 800' But this view is having a low probability.
In monthly, it has formed a round bottom pattern, and breakout happened with high volume, now it is retesting the breakout level,
in weekly, it is bounced from trend line support and hidden bullish divergence is formed here,
also in daily, after a downtrend, trend line resistance broken with good volume and regular bullish divergence is formed also
with a...
