Channle Pattern In boschLtd since 2020.it is near it support zone if given bulish sign then we can except 10-20% move easily
Buy above breakout candle at 19039.05 stoploss at 18738.9
Reason for long a) Engulfying candle b) channel pattern c) Oi signifcantly up d) price above vwap SL compulsory
1. 1:10 RR trade 2. Extraordinary RR trade 3. False breakdown to remove weak hands 4. 1.5% SL we can wait for weekly closing below it for set up to fail, if price sustains above support, then reward is handsom, worth the risk
The chart depict ascending triangle, breakout-retest, ema, volume and support & resistance. Thanks -AJ
Everything is marked on chart 📊 and breakout of triangle will give good momentum
Harmonic more accurate work in consideration stock like Reliance, Nestle,Bosch, hul . this stock move slowly and fundamental strong so if you play using harmonic swing trade So you have benifit. Here you get low risk reward . But if you have patience and harmonic experience definitely yearly generate good % profit And plz avoid option trading in this stocks...
The chart of bosch limite in the monthly chart is the good techanical set for the long term the share in the correction sone after Feb 2015 and than hi is corrected in the 78.60% fibbonachi level after this the shre is trend in the monthly chart now this time the share is trend line brackout.
Bosch break a downtrend line on weekly chart and gives a breakout close on above that so we can see a bullish momentum will continue in this stock in coming days for the target of 19250.
Buy Bosch @ 17143 Tgt 20000+ 23000 + its near for multiyear break out zone.
Bosch Bullish ascending triangle formation can look for tp of 18968 and 19228 positional only daily closing above 18261 disclaimer : only for educational and learning purpose
1. long term and short term rounding bottom 2. RS positive 3. build up near to resistance
After a healthy correction, Bosch is trading at a support zone. Now there has two possibilities as per the chart. Price may consolidate in the red marked zone to gain strength and take a reversal to uptrend A double buttom (W) pattern may seen in near future which has an estimated up move of more than 10%
Short Position - BOSCH LTD CMP - Rs. 18113 Target - 1: Rs. 17292 Target - 2: Rs. 15206 . . Technicals - Bearish Harmonic Pattern . Follow me for more!
But with stop loss 16300 Target Life Time High or 4 times of risk. Disc : It's not an investment advise to buy or sell. Do your research.
more possibility for breakout after retracement go for entry min 40% target
boschltd cmp 18476 upside 18500 18734 19000 dwn side 18274 all edcation purpose only