Reason for long
a) Breakout pull back set up
b) Possibility of monthly breakout
c) Open=Low Set up
d) Good engulfing of 1bars
e) QQE above zero
f) Fundas okay
g) SL compulsory
Impulse move expected
1. Long at 278
2. Target 1 - 298
3. Target 2 - 322
Disclaimer :- Iam not SEBI registered adviser. Please research before Investing.
Please do follow for more Analysis on Stocks- (Both Swing & Investment)
BLS International Cmp 274.45 dated 10-11-2023
1. Rectangle Consolidation BO @ 290
2. Bullish Engulfing Candle
3. 71% holding with Promoters & 7% with FII's
(78% in strong hands)
4. Almost Debt free Company
Buy above 278 target 290-300-325-350 SL 255
It is just a view, please trade at your own risk.
#BLS trading above Resistance of 364
Next Resistance is at 476
Support is at 247
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...
#BLS trading above Resistance of 288
Next Resistance is at 364
Support is at 208
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
NSE: BLS is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed...
#BLS trading above Resistance of 247
Next Resistance is at 288
Support is at 179.50
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
