Bharat Dynamics Limited (BDL) is one of India's manufacturers of ammunitions and missile systems. We do see confirmation on charts of BDL.
I am expecting a good rally in Bharat Dynamics Limited (BDL) from this point ahead of earnings.
CMP : 1985
SL : 1900
TRAGET : 2100
Date : 27-Mar-2024
Rating : Buy - Positional Trade
LTP : Rs. 1,755
Targets: (1) Rs. 1,810 --> (2) Rs. 1,984 --> (3) 2,252
SL : Rs. 1,625
Technical View:
• NSE:BDL is in its primary uptrend since long time and was recently going through it's secondary downtrend.
• After touching the life time high of 1,984.80 on 27-Feb-2024, it has retraced 22% to...
Today, we're going to take a deep dive into the technical analysis of Bharat Dynamics Limited ( NSE:BDL ), a government-owned company in India.
📈 Breaking the Rectangle Pattern 📈
On April 24, 2024, BDL broke out of a Rectangle pattern that was formed after making an all-time high. This rectangle can be interpreted as a Re-accumulation in stage 2.
🎯 New...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
BDL Investment strategy at top level with Back Test
How you Invest your 1 Lakh in BDL
1. BACK TEST
Started from 20th April 2022.
1st Entry 810 x 20
2nd Entry 710 x 20 ( buy equal quantity)
3rd Entry 610 x 80 ( buy double quantity)
Now our total investment was : 79000Rs
If more downside then invest remaining amount from 1 Lakh.
Now our average was : ...
BDL may give a breakout above current levels. A stop loss at 1900 is a must here in this situation. BDL looks good fundamentally and technically. Simple chart, no need to complicate it. continue riding the up-move.
Bharat Dynamics Ltd. is an interesting chart with following
1. RSI on all time frames i.e. DWM above 60
2. Narrowing Bollinger bands on daily chart with price moving on upper band
3. Bullish Marubozu candle with huge volume on daily chart
4. ABCD kind pattern under formation on weekly chart
5. Super trend turned buy on daily chart
with major support near...
Date : 4-Feb-2024
Rating : Buy (Mid Term as well as Long Term Opportunity)
LTP : Rs. 1,759.40
Target: (1) Rs. 1,970 --> (2) Rs. 2,184 --> (3) 2,397
SL : Rs. 1600
NSE:BDL has recently given breakout from its minor down trend within primary uptrend.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or...
A Bullish Breakout of Flag and Pole pattern is visible on the Weekly chart of NSE:BDL
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis is based on my...
Script is breakout from the day chart consolidation of resistance 1835 in the uptrend day channel with bullish but small reversal from the pivot level. If it is sustained above in day above 1941 then it will reach the target of 2036
Technical View
- Fresh Breakout After consolidating for almost 2 months.
- High volumes
Long view after breaking high of breakout candle or on Retest
With candle low as stop loss.
Only For Learning, Keep on radar.
Happy Trading.
stock making a trendline 3 time reject on trendline face resistance for if stock open below trendline break trendline after 9:20 it will give good upmove
note only for educational purpose
